Question: Consider an important investment you are considering, for example, starting a business or continuing your education. Then, please, respond to the following in the Cost-Benefit
Consider an important investment you are considering, for example, starting a business or continuing your education. Then, please, respond to the following in the Cost-Benefit Analysis thread:
- Frame the decision briefly.
- What are some up-front direct, indirect, and opportunity costs?
- What are the long-term benefits to you and to other stakeholders?
- What discount rate would you use in a Cost-Benefit Analysis? Why?
- Where could you get the data for a cost-benefit analysis of your decision?
- What do you expect the outcome of the analysis will be?
Thank you!
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