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Final answer:
Cost-benefit analysis involves comparing costs and benefits to make informed decisions.
Explanation:
Cost-benefit analysis is a decision-making process that involves comparing the costs and benefits of a decision to determine its feasibility. It consists of several steps such as identifying projects to be analyzed, estimating all costs and benefits, assigning monetary value, calculating net benefits, adjusting for inflation, and making recommendations based on the net present value.
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https://brainly.com/question/40532661
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