When the Choice Variable Is a Continuous Variable, the Decision

question 96

Multiple Choice

When the choice variable is a continuous variable, the decision rule for an unconstrained maximization problem is:

• A) If MB > MC, increase the activity.
• B) If MB < MC, decrease the activity.
• C) Choose the activity so that MB = MC.
• D) all of the above
• E) none of the above

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