In: Economics
Develop an Incremental Benefit / Cost Analysis matrix to evaluate covid-19. Explain where you found the cash values used in this analysis
The specific topics I want to calculate the numerical values for benefits, disbenefit, and costs
1. wash hands
2. Avoid close contact
3. cleaning and disinfecting
4. wearing masks
5. hand-sanitizer
6. Older People and pre-existing medical condition
7. Monitor Your Health
8. Vaccination
Please help, I'm a bit confused about finding the specific numerical values to calculate these benefits, disbenefits, and costs. Gracias! :)
A cost-benefit analysis (CBA) is the process used to measure the benefits of a decision or taking action minus the costs associated with taking that action. A CBA involves measurable financial metrics such as revenue earned or costs saved as a result of the decision to pursue a project.
Net present value (NPV) is determined by calculating the costs (negative cash flows) and benefits (positive cash flows) for each period of an investment. The period is typically one year, but could be measured in quarter-years, half-years or months. .. NPV is the sum of all the discounted future cash flows.Cost benefit analysis (CBA), sometimes called benefit costs analysis (BCA), is a systematic approach to estimating the strengths and weaknesses of alternatives (for example in transactions, activities, functional business requirements or projects investments); it is used to determine options that provide the best .