Doing a cost-benefit analysis is an essential part of making a rational choice for a consumer. Hence, option C holds true.
What is a cost-benefit analysis?
An analysis done by a purchaser to compare between the available options and making such decisions that derive the maximum output and utility at lowest possible costs, it is known as a cost-benefit analysis.
If someone gets a product X at 50, and product Y at 55, but the quantity of Y is 2 times that of Y, a consumer will make a rational choice by purchasing product Y by doing cost-benefit analysis.
Hence, option C holds true regarding cost-benefit analysis.
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