The cost-benefit approach should be used to make resource allocation decisions.

Question

Quizplus · Accepted Answer

The cost-benefit approach involves weighing the potential costs and benefits of different options before making a decision on how to allocate resources. This approach provides a systematic way to analyze the trade-offs involved in various options and helps ensure that resources are allocated in the most efficient and effective way possible.

The Cost-Benefit Approach Should Be Used to Make Resource Allocation