How is a cost-benefit analysis performed?(1 point)
Responses
A cost-benefit analysis is performed by surveying all parties or entities involved in a decision and comparing the feedback to reach an efficient outcome for the majority.
A cost-benefit analysis is performed by surveying all parties or entities involved in a decision and comparing the feedback to reach an efficient outcome for the majority.
A cost-benefit analysis is performed by identifying the cost associated with each benefit of an action and then ranking those costs.
A cost-benefit analysis is performed by identifying the cost associated with each benefit of an action and then ranking those costs.
A cost-benefit analysis is performed by identifying the benefits of an action as well as the associated costs and subtracting the costs from the benefits.
A cost-benefit analysis is performed by identifying the benefits of an action as well as the associated costs and subtracting the costs from the benefits.
A cost-benefit analysis is performed by identifying the values of the alternative decisions that can be made with the same resources and comparing.