In Most Cases,optimization Using Marginal Analysis Is Faster and Easier

question 82

Multiple Choice

In most cases,optimization using marginal analysis is faster and easier than optimization using total value because the former ________.

• A) involves fewer steps to arrive at a conclusion
• B) uses simpler arithmetic tools in comparison to the latter
• C) focuses only on the benefits of an option, ignoring all calculations involving costs
• D) focuses only on the key differences between options and ignores things in common

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Definitions:

Managerial Positions

Roles within an organization tasked with supervising and leading teams or departments, making strategic decisions, and ensuring the achievement of company objectives.

Narrative Job Analysis

A qualitative approach to job analysis that involves collecting detailed job-related stories to identify competencies and tasks.

U.S. Military

The armed forces of the United States, responsible for defending the country against external threats and ensuring national security, consisting of the Army, Navy, Air Force, Marine Corps, and Coast Guard.

Job-Analysis Process

The procedure for determining the duties and skill requirements of a job and the kind of person who should be hired for it.