What is an economic decision-making tool that involves determining who/what may be affected,projecting outcomes,and then establishing who benefits or who is harmed?

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Cost benefit analysis is an economic decision-making tool that involves determining who/what may be affected, projecting outcomes, and then establishing who benefits or who is harmed. It assesses both the costs and benefits of a particular action or decision and helps in making a rational choice.

What Is an Economic Decision-Making Tool That Involves Determining Who/what