Envy2002 Envy2002
  • 03-04-2019
  • Business
contestada

In cost benefit analysis why must there be a single common unit?

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MrCreighton
MrCreighton MrCreighton
  • 15-04-2019

Answer:

Explanation:

In a cost benefit analysis, you have to have a common unit so that you are able to make a comparison. As the old saying goes, it is hard to compare apple to oranges. To know if a product is worth the investment, we must use money as a common unit for comparison's sake.

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