describe how a consumer can use a cost-benefit analysis to decide between buying a concert ticket or buying a new pair of jeans. Mention the steps involved in analyzing each choice and how this process results in a decision.
Well since cost benefit analysis is process where ones decisions are analyzed for the best result: I assume depending on the costumers situation 1.Which one is more important 2.Cost 3.Which decision is more beneficial This process would involve multiple questions depending on the person/consumer But at the end once all pros and cons are thought the best choice for that particular consumer would be the final decision. (hope this helped in some way)
