To Calculate the ________ of an Alternative,an Individual Needs to Estimate

question 70

Multiple Choice

To calculate the ________ of an alternative,an individual needs to estimate ________ of the alternative.

• A) marginal benefit; the total cost
• B) marginal cost; the total benefit
• C) opportunity cost; the total benefit
• D) net benefit; both the cost and the benefit

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Definitions:

External Agency

An outside organization or group that provides specific services or functions separate from the hiring company.

Subject Line

A brief line of text that summarizes the content or purpose of an email or letter, designed to grab the recipient's attention.

Concluding Paragraph

The final section of a piece of writing, summarizing the main points and providing closure to the document.

Conversational Style

A manner of communication that is informal and natural, akin to everyday spoken conversation.