The options of the question are, A) a higher chance of reelections. B) a lower chance of disagreement. C) a lower financial coast. D) higher financial benefits.
The correct answer is A) a higher chance of reelection.
A potential benefit for a government leader using cost-benefit analysis is a higher chance of reelection.
In simple words, cost-benefit analysis or CBA is a useful method of decision making. The person compares all the advantages of deciding on one thing and compares it with all the disadvantages. Then, the individual procceds to make a decision with the information he has.
A French engineer in 1840 named Jules Dupuit, was the first person to talk about this type of analysis. So, a potential benefit for a government leader using cost-benefit analysis is a higher chance of reelection because the leader is contemplating the pros and the cons of the decision, and a clear advantage is a higher chance of reelection.
