Brian is performing cost/benefit analysis to make a decision between buying a car or a bike and saving the cash difference for college.
Cost/benefit analysis is the type of analysis Brian is performing to decide between purchasing a car or a bike and saving the cash difference for college. It involves comparing the costs incurred against the benefits gained from a decision. By evaluating the financial sacrifices and gains, individuals can make informed choices, as exemplified by Brian's decision-making process.
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