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Describe how subjectivity and other factors (monetary and non-monetary) affect a person's calculation of cost and benefit. give an example of a cost-benefit analysis you have performed. use complete sentences and appropriate economic terms and concepts learned in this course.

Cancer, ‘the big c,’ as it is often called. her doctor felt sure but ordered more tests to confirm his suspicion. while cervical cancer in a woman julianne’s age was rare, her doctor admitted, it certainly was not unheard of in her demographic group. her doctor explained that this type of cancer is often caused by a common virus that many women do not even realize they have. the human papilloma virus can lead to this type of cancer if a woman’s immune system does not fight off the virus in its initial stages. julianne was devastated. her doctor began to discuss treatment options and suggested an oncologist specializing in this type of cancer, but julianne heard very little of what he said. her head was spinning with questions. overwhelmed, she wondered how she would break the news to her family and friends. according to the article, a physician specializing in the diagnosis and treatment of cancer is called

Both adam smith and ayn rand would agree th o individuals and businesses want what benefits them the most. society benefits when people want what is best for everyone. individuals become wealthy because of actions by the government. society benefits when individuals agree to sacrifice to others. c