The optimal amount to spend on actions that decrease the probability of bad outcomes is the amount that sets the_______ _ of reducing the probability of a bad outcome equal to the _______of the action(s) that reduce(s) the probability.
A) marginal benefit; marginal cost
B) expected marginal benefit; marginal cost
C) marginal benefit; expected marginal cost
D) expected marginal benefit; expected marginal cost
Correct Answer:
Verified
Q93: Q94: Toddler Treats produces soft cereal bars for Q95: Sweet Treats sells its extra- large cupcakes Q96: To determine the optimal quantity to hold Q97: Actions to lower the probability of a Q99: As the quantity held in inventory increases, Q100: An unintended bad outcome is referred to Q101: As the quantity of actions taken to Q102: If the probability a firm is being Q103: If actions to reduce the expected cost![]()
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