Question

Which of the following best explains why market prices are useful to a financial manager when performing a costminusbenefit ​analysis? A. They allow all commodities and services to be assigned a fixed and unchanging value. B. They can be evaluated to determine whether the market in which the manager exchanges goods and services offers true value. C. They can be used to convert different services and commodities into equivalent cash values which can be compared. D. They can be used to determine how much an asset can be sold for.

Answer 1

Option (C) is the correct answer to this question.

Step-by-step explanation:

A cost-benefit analysis is a method that organizations use to assess decision making. The company or financial provision up the advantages of a circumstance or intervention but instead deducts the risks of taking the steps. Some consultants or analysts are now developing models for assigning a dollar value to intangible products, such as the advantages and costs of living in a certain town

Other options are incorrect because they are not related to the given scenario.