Cost-benefit analysis is just a guide to making a normative decision.

Name: Cost-benefit analysis is just a guide to making a normative decision.
Brand: Quizplus
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Quizplus · Accepted Answer

Cost-benefit analysis is a tool used to assess the costs and benefits of a particular decision. However, it does not dictate what decision should be made. Ultimately, the decision-maker must use their own judgment and values to determine if the benefits outweigh the costs. Therefore, cost-benefit analysis is just a guide to making a normative decision.

Cost-Benefit Analysis Is Just a Guide to Making a Normative