Generating Tools That Lead to Options More Developmental in Nature

question 7

Multiple Choice

Generating tools that lead to options more developmental in nature are well-suited for:

• A)Fundamental changes or "breakthrough" options.
• B)Options that improve existing structures or systems.
• C)Options that may initially be disruptive to systems.
• D)Options that require longer to implement.

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Definitions:

Standard of Living

The extent of financial status, comfortability, worldly possessions, and essentials provided to a certain community class or area.

Total Output

The aggregate production of goods and services in an economy at a given time, typically measured as Gross Domestic Product (GDP).

Marginal Benefit

The additional satisfaction or utility gained from consuming or producing one more unit of a good or service.

Marginal Cost

The investment required to manufacture an extra unit of a good or service.