Examlex
Of the following tests,which is the BEST example of a semi-structured test?
Economizing Behavior
The process of seeking to achieve maximum utility for minimal expenditure, or making decisions that reflect an optimal allocation of resources.
Satisfaction
The feeling of pleasure or fulfillment that comes from meeting needs, desires, or expectations.
Least Cost
A principle or method aimed at minimizing the cost of achieving a specific production or economic objective.
Marginal Cost
The expense incurred from the manufacture of an additional single unit of a product or service.
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