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The methods of Economic analysis are cost-benefit, cost-effectiveness and cost minimization. Discuss these methods and give an example for each to substantiate your answer.Analyze how
The methods of Economic analysis are cost-benefit, cost-effectiveness and cost minimization. Discuss these methods and give an example for each to substantiate your answer.Analyze how each method is used by one company in making an economic decision for a specific economic activity. Give specific examples or situations to validate your answers.
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