Part II: Cost Benefit Analysis You will apply the steps of the cost benefit analysis to a current economic issue. You will choose one of the issues below, research various alternatives and present your findings in a full cost benefit analysis. . privatizing Hydro in Ontario; . privatizing Canada's airports; . regulating the sharing economy; . legalizing marijuana; . other with teacher permission. Use the following checklist to help your thinking: Checklist Items O Define the issue: contains a description of the nature of the issue or problem and a description of the current situation, written as a question. O List the alternatives: identifies options, or alternatives. O Identify the stakeholders and criteria: lists the stakeholders and criteria used to measure the costs and benefits for which the final choice will be based. Analysis of the options: applies the criteria to analyse the costs and benefits of each option from the perspective of each stakeholder in a point-form chart with in-text citations. C Evaluation/conclusion: the net benefit of each option is determined and the selection of option or artful/practical combination of options with the greatest net benefit is explained in the conclusion.Stakeholders Criteria Teachers Maintain their job Risk for students Grading 31 Parents Effective learning for child Excessive use of screen time Students Readily communication between student to teacher or student to peers Motivation towards work ethic C .. Stakeholder Maintain full Using Social Learning Apps In-class learning e-learning Media Teacher Loss of job Less threat to Not a drastic No threat to job loss job loss threat to job loss High risk for High risk to Low risk to students students students Medium risk May be a More difficult Difficulty in Easier, and traditional + different due to open options and app way grading system discussion limitations Parents Effective way Least effective Mildly Most effective way of of learning way of learning effective way learning of learning Excessive use Excessive use, Excessive use Least excessive use of but most least convenient | but mildly screen time convenient convenient Students More difficult Most effective Least beneficial Best way to use to enable use of way to use communication communication communication communication