Out of a Set of Feasible Alternatives,an Optimizer Should Choose

question 30

Multiple Choice

Out of a set of feasible alternatives,an optimizer should choose the alternative with the ________.

• A) highest net benefit
• B) highest opportunity cost
• C) lowest total cost, regardless of benefit
• D) highest total benefit, regardless of cost

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Definitions:

Ethical Attitudes

Perspectives or beliefs regarding what is right, wrong, good, or bad in moral terms.

Economic Values

The worth of goods, services, or resources based on their utility and the benefits they provide to individuals or society.

Unethical Behaviour

Actions or practices that violate moral or professional guidelines and standards.

Stakeholders

Individuals or groups with an interest or concern in the success and operations of an organization or project.