A Post-Audit Is an Evaluation of How Well a Project's

question 149

True/False

A post-audit is an evaluation of how well a project's actual performance matches the projections made when the project was proposed.

---

Definitions:

Total Utility

The total satisfaction received from consuming a particular quantity of a good or service.

Utility Schedule

A table showing different quantities of a good and the utility or satisfaction derived from each quantity, used to analyze consumer preferences.

Marginal Utility

Additional enjoyment or value experienced from consuming an extra unit of a good or service.

Marginal Utility

The extra pleasure or benefit a consumer receives from purchasing an additional unit of a product or service.