Question: Which one of the following is common between optimization using total value and optimization using marginal analysis? A . It excludes the information that is

Which one of the following is common between optimization using total value and optimization using marginal analysis?
A. It excludes the information that is not relevant to the decision.
B. It calculates the change in total value and chooses the option with the highest total value as a best feasible option.
C. It is a cost-benefit analysis technique for optimization.
D. It calculates the extra cost generated by moving from one feasible alternative to the next feasible alternative.
Which one of the following is common between optimization using total

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Which one of the following is common between optimization using total value and optimization using marginal analysis? OA. It excludes the information that is not relevant to the decision. OB. It...

Q:

Determine whether the following statements better describe optimization using total value or optimization using marginal analysis. John is attempting to decide on a movie.(All movies have the same...

Q:

3. Determine whether the following statements better describe optimization using total value or optimization using marginal analysis. a. John is attempting to decide on a movie (all movies have the...

Q:

1) How does optimization using total value differ from optimization using marginal analysis? Assume that the city council has to choose one of the following three alternatives-setting up a school,...

Q:

help ACC 215 Financial Report 150 Point Assignment! Step 1: Select your companies. You may pick any two companies - examples are included at the end of this assignment. However, they must be from the...

Q:

answer all the question Using the information we learned about capital assets, answer the following questions about the week 12 case: 1. What is the issue in this case? 2. What are the relevant...

Q:

O (PC - PP) x QE Zoom out (PC - PP) x (QE - Q") x Question 3(Multiple Choice Worth 1 points) (03.02 MC) Use the graph to answer the question that follows. Price MC ATC ATC, Quantity (units) The shift...

Q:

Put yourself in the following situation as a member of the Financial Services Team of XYZ plc, which is a UK conglomerate. It owns companies across different industries, such as car manufacturing,...

Q:

Put yourself in the following situation as a member of the Financial Services Team of XYZ plc, which is a UK conglomerate. It owns companies across different industries, such as car manufacturing,...

Q:

Introduction Put yourself in the following situation as a member of the Financial Services Team of XYZ plc, which is a UK conglomerate. It owns companies across different industries, such as car...

Q:

To what extent is the role of responsibility accounting to assign the blame for poor past performance?

Q:

What is the nuclear mass density p m of? (a) The fairly low-mass nuclide 55 Mn and (b) The fairly high-mass nuclide 209 Bi? (c) Compare the two answers, with an explanation. What is the nuclear...

Q:

What is Deadlock in an Operating System? Explain with example.

Q:

Question 1: Assuming the following filter (3x3) and input feature map (4x4) given for a particular CONV layer of a DNN. Filter Input feature map 0.1 -0.5 0.2 0.3 0.1 0.2 |2 6 8 4 3 3 5 3 1 2 2 3 4 3...

Q:

Special events ranging from author breakfasts and luncheons to awards programs and receptions offers a great way to make industry contacts.

Q:

One of the big questions we need to address are How does buying effect inventory levels?

Q:

Two leading business consultants Doug Smith and Carla McNeil will share their insights on how specialty stores can effectively compete in a world of Corporate Superstores.