Moderate

Such a conceptual enquiry may be a decision to carry out a cost analysis or:

Correct answer: D. Cost-benefit analysis

  • A. Cost-observed analysis
  • B. Cost-calculated analysis
  • C. Cost-minus analysis
  • D. Cost-benefit analysis

Explanation

Cost-benefit analysis compares the expected costs of an action with its expected benefits to support a decision. The other terms are not standard forms of economic evaluation.

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