Gary has to decide between attending a 2-day art workshop and a 4-day art workshop.If he evaluates only the change in net benefit when he switches between the two options,he is using the technique of ________.
A) mean analysis
B) before and after comparisons
C) optimization using total value
D) optimization using marginal analysis

Question

Quizplus · Accepted Answer

The technique of evaluating only the change in net benefit when switching between two options is called optimization using marginal analysis. Therefore, the best choice is D.

Gary Has to Decide Between Attending a 2-Day Art Workshop