-Refer to the scenario above. Which of the following statements is true?
A) Both optimization techniques will provide an efficient outcome, but optimization using total value will be faster to implement.
B) Both optimization techniques will provide an efficient outcome, but optimization using marginal analysis will be faster to implement.
C) Only optimization using marginal analysis can be used to arrive at an optimum choice. Optimization using total value will not be applicable in this case.
D) Only optimization using total value can be used to arrive at an optimum choice. Optimization using marginal analysis will not be applicable in this case.

Question

-Refer to the scenario above. Which of the following statements is true?
A) Both optimization techniques will provide an efficient outcome, but optimization using total value will be faster to implement. 
B) Both optimization techniques will provide an efficient outcome, but optimization using marginal analysis will be faster to implement. 
C) Only optimization using marginal analysis can be used to arrive at an optimum choice. Optimization using total value will not be applicable in this case. 
D) Only optimization using total value can be used to arrive at an optimum choice. Optimization using marginal analysis will not be applicable in this case.

Quizplus · Accepted Answer

The Answer is B

-Refer to the Scenario Above