Which of the Following Is Not an Idea Behind Simulation

question 35

Multiple Choice

Which of the following is not an idea behind simulation?

• A) to imitate a real-world situation mathematically
• B) study the properties and operating characteristics
• C) draw conclusions and make decisions based on the results
• D) both A and B
• E) A, B, and C are all ideas behind simulation,

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Definitions:

Negative

Refers to a detrimental or adverse condition, effect, or impact.

Marginal Utility

The change in satisfaction or utility that a person receives from consuming one additional unit of a good or service.

Total Utility

The total satisfaction or value a consumer receives from consuming a particular quantity of goods or services.

Additional Unit

Refers to the next unit of production or consumption, often analyzed in terms of its cost or benefit.