Multiple Choice
Which of the following statements is true of marginal analysis?
A) Marginal analysis is a tool used in optimization using total value.
B) Marginal analysis compares the consequences of doing one more step of something.
C) Marginal analysis of alternatives will mostly give an outcome different from optimization using total value.
D) Marginal analysis involves the calculation of the total net benefits of all the available alternatives.
Correct Answer:
Verified
Correct Answer:
Verified
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