Which of the following results from the fact that costs and benefits are based

on personal preferences?

O

A. Both monetary and non-monetary factors are taken into account.

O

B. Monetary factors are more important than non-monetary factors.

O

C. The benefits will always be greater than the costs.

o

n

Different types of information lead to the same decision.

Both monetary and non-monetary factors are taken into account.

On personal preferences results from the fact that costs and benefits can be counted when benefits will always be greater than the costs.

Explanation:

An individual person calculates his or her personal cost and benefit when his rate profit is more than the cost. In this stage an individual gets amount which can be transferred for the investment purpose.

In other words, profit is the revenue remaining after all costs are paid a person. These costs include labor, materials, interest on debt, and taxes. Profit is usually used when describing business activity. thus option C is correct in this regard.