Duane has a small woodworking business and saves the money for college. He stores his tools in his apartment. Duane would like to buy a utility trailer for his tools. It will cost $2,800. He creates a cost-benefit analysis table to examine his choices. What statement would best complete the chart, and why?a. he will not have as much money for college classes, because he will have to pay for the trailer and its maintenance. b. he will not have as much money in savings, and that will be a problem because he wants to work longer hours. c. he will not have to drive back and forth from home, and that will be a benefit because he can save money on gas. d. his customers might not live in places he can park with the trailer, and that will be a benefit because he can avoid some jobs.

The statement that would best complete the chart, is that he will not have as much money for college classes, because he will have to pay for the trailer and its maintenance.

This is the best statement because one of the major principles of Cost Benefit Analysis is that there has to be a Defining of a particular study area which implies that – The impact of a project should be defined for a particular study area

The option clearly states that the project of purchasing the truck will impact on the college studies of Duane