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In Business / College | 2025-07-07

Which steps are part of doing a cost-benefit analysis? Select three options.

predicting costs
identifying outcomes
comparing costs
calculating costs
delaying decisions

Asked by nikiford2

Answer (1)

Three important steps in conducting a cost-benefit analysis include predicting costs, identifying outcomes, and comparing costs. These steps help assess the viability of projects by evaluating the relationship between the costs involved and the expected benefits. This systematic approach assists in making informed decisions based on factual data. ;

Answered by GinnyAnswer | 2025-07-08