1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kipish [7]
3 years ago
13

How do consumers use cost-benefit analysis? Why do consumers make different decisions using this process?

Social Studies
2 answers:
lara31 [8.8K]3 years ago
5 0

People's opinions, tastes, and values differ. These are oall influence on how they see the good and bad in all the outcames that they are faced with. People face different situations like wealth and income or age and gender, that affect how they calculate the worth of things.

VashaNatasha [74]3 years ago
3 0

Consumers use cost-benefit analysis whenever they need to make a decision. Cost-benefit analysis occurs when you study a decision by analyzing the costs that this will represent (money, time, opportunity, etc.) and contrasting it to the benefits it might bring you. By doing this analysis, a consumer can better decide whether the action is worth taking.

Even though the process might be the same, consumers can still make different choices. This is because not everyone appreciates and values the same things in life. Moreover, some people might be more risk averse, and they might require a lot of benefits in exchange for any risk.

You might be interested in
If something is new or unusual, most people’s first instinct will be to ______.
brilliants [131]
The answer would be B To try it

4 0
3 years ago
Read 2 more answers
Between 1845 and 1848, the United States annexed Texas and what
Jet001 [13]
The annexation of Texas, the Mexican-American War, and the Treaty of Guadalupe-Hidalgo
7 0
3 years ago
What is the definition of Constantine?
kvv77 [185]
"It means Emperor of Rome who stopped the persecution of Christians and in 324 made Christianity the official religion of the Roman Empire; in 330 he moved his capital from Rome to Byzantium and renamed it Constantinople"
3 0
3 years ago
Read 2 more answers
Which of these would MOST likely impact the economic development of Southeast Asia?
jolli1 [7]
Avalanches are close from little to none in occurrence in the south-east Asian Nations since most of the places located there don't have the season of winter or phenomenons that might result to snowing. Tornadoes are also close from little to none since these don't usually spawn in the lands of the south-east Asian nations. Drought would be a plausible answer to this question, but the occurrences if it happening were only second to typhoons. Typhoons, on the other hand, occur every year and sometimes occurs almost throughout a year. This is due to the nations of the south-east Asia being located near the Pacific and lies under the Typhoon Belt.
 
3 0
3 years ago
Habitat change occurs more frequently through natural causes than human activity. Please select the best answer from the choices
chubhunter [2.5K]
The answer is True.

The habitats changes occur more frequently through natural cause compare to the activities caused by human. Some of these natural causes are climate change which gives the biggest impact. Although, human activities affects the change but lesser.
8 0
2 years ago
Read 2 more answers
Other questions:
  • Concluding her presentations on sensation and perception, kelly notes that
    14·1 answer
  • Summarize the events that led to the ratification of South Carolina’s constitution of 1868.
    9·1 answer
  • The Egyptians believed that they would have another life after death. What things in nature may have given them this idea?
    14·2 answers
  • What was the great compromise
    10·2 answers
  • How is lifespan development defined?
    6·1 answer
  • Which of the following structures in the brainstem helps coordinate movements and lies above the medulla
    13·1 answer
  • When using the ____ mode, project managers directly face a conflict using a problem-solving approach that allows affected partie
    13·1 answer
  • The primary cause of weather is due to in temperature around the Earth.
    9·1 answer
  • What is legislative gridlock? A. legislators get stuck in freeway traffic on the way to a vote B. lobbyists working on opposing
    14·1 answer
  • Where does black widow fall in the mcu timeline
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!