The Benefit of an Activity Is

question 30

Multiple Choice

The benefit of an activity is

• A) purely objective and measured in dollars.
• B) the gain or pleasure that it brings.
• C) the value of its opportunity cost.
• D) measured by what must be given up to get one more unit of the activity.
• E) not measurable on the margin.

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Definitions:

Effort

The amount of physical or mental energy put into achieving a particular task or outcome.

Plant Managers

Individuals responsible for overseeing the daily operations of a manufacturing facility or plant.

Multi-Plant Firms

Companies or enterprises that operate and manage more than one production or manufacturing facility.

Capacity

The maximum amount of something that a facility or system can contain or produce.