1.5 Cost-Benefit Analysis
Completion requirements
CBA-1.A
a. Define opportunity cost.
b. Explain the opportunity costs associated with choices.
c. Calculate the opportunity costs associated with choices.
CBA-1.B
a. Explain a decision by comparing total benefits and total costs (using a table or a graph when appropriate).
b. Calculate total benefits and total costs (using a table or graph where appropriate).