A Marginal Analysis of Two or More Possible Courses of Action

question 15

Multiple Choice

A marginal analysis of two or more possible courses of action takes into account:

• A)all the revenue received from each course of action.
• B)all of the costs involved in each course of action.
• C)only the fixed costs involved in each course of action.
• D)only the costs that vary with each course of action.

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Definitions:

Self-Interests

The focus on one's own benefits and well-being in decision-making or actions, sometimes at the expense of others.

Task-Oriented Behaviors

Actions and activities that are focused on completing specific tasks or objectives within an organization.

Maintaining Performance

The continuous effort to ensure that an established level of performance is sustained over time, often through consistent monitoring, training, and feedback.

Assigning Tasks

The distribution of responsibilities or duties to individuals or groups for completion.