Recall the Application About the Best Speed at Which to Sail

Multiple Choice

Recall the Application about the best speed at which to sail an ocean cargo ship to answer the following question(s) .
-Weighing the benefits and costs of the different speeds at which to sail an ocean cargo ship addresses the economic concept known as

A) the principle of opportunity cost.
B) the marginal principle.
C) the principle of voluntary exchange.
D) the principle of diminishing returns.