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What are the advantages of cost-benefit analysis?

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Answer:

this is basically done to ascertain the net benefits of any project or investments or economic decision ( such as to got the college and earn later or to leave school and play football to earn more)

First answer by Quest2011. Last edit by Quest2011. Contributor trust: 3 [recommend contributor ]. Question popularity: 3 [recommend question].

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Relevant answers:

Who created the Benefit Cost Analysis?
The concept of cost-benefit analysis dates back to an 1848 article by Jules Dupuit and was formalised in subsequent works by Alfred Marshall.
What is cost-benefit analysis similar to?
Basic decision making.
Advantages and disadvantages of cost benefit analysis?
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What is cost-benefit analysis?
A process of maximizing benefits and minimizing costs.
What does the government determine with a cost-benefit analysis?
At all levels of government in the United States, cost-benefit analyses are used as a basis for allocating resources for the public good to those programs, projects, and services that will meet the...