Scenario: Sarah Has to Choose Between Renting a Hotel Room

question 5

Multiple Choice

Scenario: Sarah has to choose between renting a hotel room for 2 days and renting a hotel room for 3 days.
-Refer to the scenario above.Which of the following statements is true?

• A) Both optimization techniques will provide an efficient outcome, but optimization using total value will be faster to implement.
• B) Both optimization techniques will provide an efficient outcome, but optimization using marginal analysis will be faster to implement.
• C) Only optimization using marginal analysis can be used to arrive at an optimum choice. Optimization using total value will not be applicable in this case.
• D) Only optimization using total value can be used to arrive at an optimum choice. Optimization using marginal analysis will not be applicable in this case.

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Definitions:

William Julius Wilson

An influential American sociologist known for his research and writing on race, class, and inequality in the United States.

Antidiscrimination Laws

Legislation designed to prevent discrimination on the basis of race, gender, religion, national origin, physical disability, or other protected characteristics.

Affirmative Action

Policies and practices designed to increase opportunities for historically underrepresented groups in various areas of society, including education and employment.

Melting Pot

A metaphor for a heterogeneous society becoming more homogeneous through the blending of different cultures, ethnicities, and nationalities.