Which of the following statements identifies a difference between optimization using total value and optimization using marginal analysis?
A) In most cases, optimization using total value is faster and easier than optimization using marginal analysis.
B) In many cases, optimization using marginal analysis is faster and easier than optimization using total value.
C) Optimization using marginal analysis compares only the cost involved in different alternatives, whereas optimization using total value compares the net benefit of different alternatives.
D) Optimization using marginal analysis compares the net benefit of different alternatives, whereas optimization using total value compares only the cost involved in different alternatives.
Correct Answer:
Verified
Q10: Net benefits of an alternative equal _.
A)
Q11: Optimization using marginal analysis analyzes _.
A) the
Q12: Making choices by selecting the best feasible
Q13: Both optimization using total value and optimization
Q14: If an alternative provides a benefit of
Q16: Which of the following statements is true?
A)
Q17: Gary has to decide between attending a
Q18: To calculate the _ of an alternative,an
Q19: Optimization can be achieved using either of
Q20: If the net benefit of Project A
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents