Answered

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Calculations of cost and benefit are always which of the following?
A. Subjective
B. Resourceful
C. Minimum
O D. Rational

Sagot :

GinnyAnswer

Final answer:

Cost and benefit calculations are always rational, with individuals aiming to maximize benefits and minimize costs through considering opportunity costs.


Explanation:

Calculations of cost and benefit are always rational.

When facing a decision, a rational individual will choose an action if the value of the perceived benefit exceeds the value of the perceived cost. They will not choose an action if the value of the perceived cost exceeds the value of the perceived benefits.

Opportunity costs play a significant role in cost-benefit analysis, where individuals seek to maximize their benefits while minimizing their costs to make optimal decisions.


Learn more about Cost-Benefit Analysis here:

https://brainly.com/question/40532661


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