Question

Cost-benefit analysis? A) Sums the benefits of situation or action and then subtracts the costs associated...

Cost-benefit analysis?

A) Sums the benefits of situation or action and then subtracts the costs associated with taking that action

B) Has a goal to facilitate social change

C) Involves collecting data to determine major social needs and their severity

D)Documents the likely consequences for various areas of social life if a major new change is introduced into a community

Homework Answers

Answer #1

Option (A) : Sums the benefits of situation or action and then substract the costs associated with taking that action.

Explanation:

a cost to benefit analysis is basically an analysis tool used by the organisations to check for the feasibility and viability of a prospective project. Under this, they consider all the benefits that will be derived and all the cost associated with it. Finally, a decision is taken based on the fact the whether benefits are positive or negative after deducting all the cost associated with the project.

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