Multiple Choice
If Project X has a cost of $6 and provides a benefit of $10 and Project Y has a cost of $25 and provides a benefit of $27,which of the following statements is true?
A) An individual can optimize by choosing Project X.
B) An individual can optimize by choosing Project Y.
C) Switching from Project X to Project Y increases net benefit by $2.
D) Switching from Project Y to Project X decreases net benefit by $2.
Correct Answer:
Verified
Correct Answer:
Verified
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