Cost-benefit analysis

A cost-benefit analysis is a process businesses use to analyze decisions. The business or analyst sums the benefits of a situation or action and then subtracts the costs associated with taking that action. Some consultants or analysts also build models to assign a dollar value on intangible items, such as the benefits and costs associated with living in a certain town—Read more at Investopedia. Kenton, Will. “Cost-Benefit Analysis.” 23 June 2019.