According to the Cost-Benefit Principle,you Should Switch to Another Task

question 107

Multiple Choice

According to the cost-benefit principle,you should switch to another task or job when:

• A)the benefit from performing the new task is less than the benefit from continuing to perform the original task.
• B)the benefit from performing the new task just exceeds the opportunity cost of performing that new task.
• C)your productivity at the first task has diminished to the point at which the benefit from continuing with that task is zero.
• D)the opportunity cost of performing the original task is less than the benefit of performing the original task.

---

Definitions:

Bid Shade

Bid shading is the strategy of offering a lower bid than what you're actually willing to pay, often used in auctions or competitive bidding scenarios.

Custom Jewelry

Jewelry pieces that are made according to the specifications or preferences of the customer, offering a personalized experience.

Art

Human creative skill and imagination, typically expressed through visual forms such as painting, sculpture, or photography, producing works to be appreciated for their beauty or emotional power.

Oral Auctions

Competitive bidding events where buyers vocally submit their bids for items or services in real time.