Question: For an unconstrained maximization problem the decision maker seeks to maximize total benefits. the decision maker does not take cost into account because there is
For an unconstrained maximization problem
the decision maker seeks to maximize total benefits.
the decision maker does not take cost into account because there is no constraint.
none of the above.
the decision maker seeks to maximize net benefits.
the decision maker does not take the objective function into account because there is no constraint.
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