ECONOMICS
COST BENEFIT ANALYSIS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
consequence
|
|
benefit
|
|
cost
|
|
decision
|
Detailed explanation-1: -A result is something that occurs as a consequence of some action.
Detailed explanation-2: -Something that happens as a result of something else can be described as consequent. Rapidly melting snow often causes consequent flooding, for example.
Detailed explanation-3: -A close synonym for result is outcome. Like result, outcome often implies that something has ended and reached its conclusion, such as a game or a research project. Another term for this is end result. A somewhat less common synonym is upshot.
Detailed explanation-4: -The bandwagon effect is a phenomenon in which people start doing something because everybody else seems to be doing it.
Detailed explanation-5: -catalyst. noun. someone or something that causes something to happen or change.