-Using the Network Shown and the Conventional Method Discussed in Your

question 3

Essay

-Using the network shown and the conventional method discussed in your textbook, what are the first two nodes in the network and why? Now avoid convention and pick the first two nodes that must be part of the correct solution. Why is this the case?

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Definitions:

Marginal Costs

The cost added by producing one additional unit of a product or service.

Producing

The process of creating goods or services to be offered to the market.

Marginal Benefit

The heightened satisfaction or utility one gets from acquiring one more unit of a product or service.

Producing

The process of creating, manufacturing, or bringing forth goods and services for consumption or use.