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Which of the Following Statements Identifies a Similarity Between Optimization

Question 45

Multiple Choice

Which of the following statements identifies a similarity between optimization using total value and optimization using marginal analysis?


A) Both techniques consider only the costs of different alternatives.
B) Both techniques consider only the total benefits of different alternatives.
C) Both techniques evaluate the total net benefit of different alternatives to arrive at a decision.
D) Both techniques require the conversion of all costs and benefits into a common unit of measurement.

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