Put the steps below in the correct order to show how a cost-benefit analysis
is done.
First Step
Be presented with a decision.
Figure out all of the benefits of the decision.
Compare costs and benefits to see which is bigger.
Final Step
List the costs of the decision.



Answer :

Final answer:

Cost-benefit analysis involves comparing costs and benefits to make informed decisions.


Explanation:

Cost-benefit analysis is a decision-making process that involves comparing the costs and benefits of a decision to determine its feasibility. It consists of several steps such as identifying projects to be analyzed, estimating all costs and benefits, assigning monetary value, calculating net benefits, adjusting for inflation, and making recommendations based on the net present value.


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