In Determining the Pairwise Comparison Matrix, If the Decision Maker

question 22

Multiple Choice

In determining the pairwise comparison matrix, if the decision maker rates the option A compared to option B as "4", then option B compared to option A

• A) would also have to be answered by the decision maker.
• B) is also 4 .
• C) is 1/4.
• D) is 2.

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Definitions:

Marginal Revenue

The additional income earned by selling one more unit of a product or service.

Minimum AVC

The lowest point on the Average Variable Cost curve, indicating the most efficient scale of production where variable costs per unit are minimized.

Economic Losses

Refers to the situation where total costs exceed total revenues, leading to a negative net income for a business.

Marginal Cost

The growth in overall costs resulting from the manufacture of one more unit of a good or service.