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Cost Benefit analysis is when you're comparing a total cost, to other costs that will be incorporated in the total cost. If someone is wanting
Cost Benefit analysis is when you're comparing a total cost, to other costs that will be incorporated in the total cost. If someone is wanting to either buy a car, or consider taking public transportation then they would need to break down how much money they would put into using public transportation every day. Say you want to buy a Toyota Camry 2014, if you don't mind buying a car with a lot of miles on it then you can get one for around $9,000 or less. If you decide to use public transportation say in North Carolina, then you will be spending $2.20 for one ride. You will need to pay $2.20 at least twice a day in order to get you where you need to be, and back. So if you're spending the $4.40 minimum each day for one year then the total cost for transportation for a year would be $1,606. How respond to this
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