Why Is Cost-Benefit Analysis Such A Critical Part Of Hazard Analysis And Prevention?

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Describe the purpose of a preliminary hazard analysis. How is expertise beneficial when conducting this type of analysis? Why is cost-benefit analysis such a critical part of hazard analysis and prevention? Explain your answer. Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

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