Question: What must be true before performing economic analysis makes sense? A decision maker must be faced with multiple decision options that differ from each other

What must be true before performing economic analysis makes sense?
A decision maker must be faced with multiple decision options that differ from each other in costs, benefits, or both.
When the costs and benefits of two decision options are equal
When a single patient's colonoscopy results reveal the presence of polyps which are precursors to colon cancer
When coworkers are trying to decide where to go to lunchWhat must be true before performing economic analysis makes sense?
A decision maker must be faced with multiple decision options that differ from each other in costs, benefits, or both.
When the costs and benefits of two decision options are equal
When a single patient's colonoscopy results reveal the presence of polyps which are precursors to colon cancer
When coworkers are trying to decide where to go to lunch
What must be true before performing economic analysis makes sense? A

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