Question

which of the following would be considered in a cost-benefit analysis to decide if a person should cycle to work or ride the subway? (i) the air pollution that the cyclist has to breathe. (ii) the cost of subway tickets. (iii) the time it takes to cycle to work versus the time it takes to ride the subway to work. (iv) the cost per gallon of gasoline. (i), (ii), (iii) and (iv) (i), (ii) and (iii) (i), (iii) and (iv) (i), (ii), and (iv)

Answer 1

To determine if a someone should cycle to business or take the subway, a cost-benefit analysis would take the price of subway tickets into account.

What do mean by cost?

Throughout business, research, retail, or accounting, a cost is the value of money that was used to create something or deliver a service and is now not usable. While calculating a purchase price, all sum of the acquisition's costs is taken into account.

What is cost Action?

An diverse research network called a COST Action brings scientists and entrepreneurs together to study a particular subject for four years. Academic researchers frequently participate in COST Actions,

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