The net benefit of a particular alternative equals ________.
A) the benefits received from the alternative plus the costs incurred when choosing the alternative
B) the benefits received from the alternative divided by the costs incurred when choosing the alternative
C) the costs incurred when choosing the alternative divided by the benefits received from the alternative
D) the benefits received from the alternative minus the costs incurred when choosing the alternative

Question

Quizplus · Accepted Answer

The net benefit of a particular alternative equals the benefits received from the alternative minus the costs incurred when choosing the alternative, which is option D. This is because the net benefit is the overall gain or loss resulting from choosing a particular alternative, and to determine this, we need to calculate the difference between the benefits and costs.

The Net Benefit of a Particular Alternative Equals ________