Under Which Circumstances Is It Better to Use Heuristics to Solve

question 124

Multiple Choice

Under which circumstances is it better to use heuristics to solve a problem than to rely on an algorithm?

• A) when there are too many possible hypotheses to test them all
• B) when it is necessary to get an answer that is precisely accurate
• C) when it is possible to calculate the correct answer quickly and simply
• D) when the question has to do with physics or chemistry

---

Definitions:

Marginal Revenue Product

The extra revenue generated from employing one additional unit of a resource.

Marginal Cost

The additional cost incurred by producing one more unit of a product, which can vary depending on the level of production.

Pareto Efficient

A distribution of resources where improving the situation of one person cannot be achieved without detriment to another.

Net Benefit

The total positive effects or outcomes of a decision or action minus its total negative effects or costs.