Multiple Choice
If the net benefit of Project A is $10 and that of Project B is $12,which of the following statements is true?
A) An individual can optimize by choosing Project A.
B) An individual can optimize by choosing Project B.
C) Switching from Project A to Project B reduces the net benefit by $2.
D) Switching from Project A to Project B increases the net benefit by $1.2.
Correct Answer:

Verified
Correct Answer:
Verified
Q74: An individual pays $100 every month as
Q75: Gary has to decide between attending a
Q76: In a marketplace,the rental price of apartments
Q77: Which of the following statements is true?<br>A)
Q78: _ uses the concept of marginal analysis
Q80: When optimizing using total value,if the _
Q81: The techniques of optimization using total value
Q82: In most cases,optimization using marginal analysis is
Q83: Optimization using marginal analysis analyzes _.<br>A) the
Q84: Scenario: Ryan wants to rent an apartment.