How can a cost-benefit analysis a farmer know how much of his land to plant and which crop to plant

Importance of Cost-benefit analysis  

Explanation:

It is a technique that can help farmers to understand necessary monetary and decision making policies. Understanding the underlying cost structure can help farmers to see new ways to diminish externalities, which can also help farmers to choose which crop to plant to attain long-term profits. Big agriculture organisations can use this technique to promote and convince farmers to adopt cost-efficient practices.

the invasive species was introduced due to commercial purpouses, as there was a demand for fur clothes and hence, a business opportunity connected to this product. actually, it was when the nutrias scaped, causing harm to the us ecosystems when they acquired the status of invasive species. in this case they have caused an environmental problem, but it could have affected also economic interests or even human health.

the earthquake in haiti was a magnitude of 7.0 according to the u.s geological survey yet the smaller earthquake in haiti killed more than 200,000 and left more than 1.2 million people homeless. the chile earthquake was a magnitude of 8.8 and 500 times more stronger but chile's earthquake only injured 712 people.