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What is a Cost Benefit Analysis? (Easy Explanation)
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YouTubeHelpful Professor Explains!
What is a Cost Benefit Analysis? (Easy Explanation)
Cost-benefit analysis is a decision-making process that compares the potential costs and benefits of an action. It helps individuals, businesses, and governments determine whether an investment or policy is worthwhile. The goal is to maximize benefits while minimizing costs.
4.2K views7 months ago
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