lmc2001 lmc2001

11-02-2019
Business

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The cost-benefit principal states that

The costbenefit principal states that class=

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MrCreighton MrCreighton

11-02-2019

Cost-benefit principle would state that you would only take an action if the benefit outweighs the cost.

For example: It may cost me $5 to drive to work, but I make $50 for showing up, I would go because the benefit I get outweighs the cost and I am better off going than staying at home.

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