Out of a set of feasible alternatives,an optimizer should choose the alternative with the ________.
A) highest net benefit
B) highest opportunity cost
C) lowest total cost, regardless of benefit
D) highest total benefit, regardless of cost

Question

Quizplus · Accepted Answer

The goal of an optimizer is to maximize the benefit, which is represented by the net benefit. Therefore, out of a set of feasible alternatives, the optimizer should choose the alternative with the highest net benefit.

Out of a Set of Feasible Alternatives,an Optimizer Should Choose