A Cost-Benefit Calculation That Focuses on the Difference Between a Feasible

question 60

Multiple Choice

A cost-benefit calculation that focuses on the difference between a feasible alternative and the next feasible alternative is called ________.

• A) marginal analysis
• B) equilibrium analysis
• C) empiricism
• D) economic trade-off

---

Definitions:

Positive Feeling

Emotions or sentiments that are uplifting, joyous, or fulfilling.

Accomplishment

The achievement of a goal or the completion of a task successfully.

Compensation Structure

The system and policies an organization uses to determine how employees are paid and rewarded for their work, affecting motivation and retention.

Job's Worth

The value or importance of a job, often determined by factors such as skill level required, responsibilities, and impact on the organization.