All of us use of the cost-benefit principle in our daily lives to make economic choices.State an instance where you made use of the cost-benefit…

All of us use of the cost-benefit principle in our daily lives to make economic choices.State an instance where you made use of the cost-benefit…

All of us use of the cost-benefit principle in our daily lives to make economic choices.

1. State an instance where you made use of the cost-benefit principle to make an economic choice.

2. What were the cost and benefit items taken into consideration to make your choice?

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