Solved

The Optimization Rule for Unconstrained Optimization Is to Select That

Question 67

Multiple Choice

The optimization rule for unconstrained optimization is to select that level of activity at which


A) marginal benefit equals marginal cost.
B) total benefit is less than total cost.
C) total benefit is equal to total cost.
D) marginal benefit exceeds marginal cost.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions