In three to five sentences, describe how a consumer can use a cost-benefit analysis to decide between buying a concert ticket or buying a new pair of jeans. mention the steps involved in analyzing each choice and how this process results in a decision.

During a cost benefit analysis, a consumer take in view the worth of his money and what he values more.

Now in order to compare both options and decide, he should go through following steps,

This will allow the consumer to analyse both his options and chose the best one.

the best answer is b.

hope this : )

which statement best describes why a government’s actions are important in macroeconomics? check all that apply.

1 government controls industry through policy.

2 government is both a consumer and a producer.

3 government can prevent changes and challenges.

4 government can use policy to influence the economy.

5 government can accurately predict economic trends.

1 , 2 & 4 for edgenu

according to this graph, how does supply behave in the long run?

a ]output remains constant.

b ]output increases.

c ]output cannot be predicted.

d ]output decreases.

the answer is a ]   for edgenu