Which of the Following Are Advantages to Simulation

question 90

Multiple Choice

Which of the following are advantages to simulation?
I. Time compression
II. What-if questions are possible
III. Flexibility
IV. Trial and Error approach
V. Input must be user generated

• A) I, III, V
• B) I, II, V
• C) II, III, IV, V
• D) I, II, IV, V
• E) I, II, III

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Definitions:

Deng Xiaoping

A Chinese communist leader who initiated significant economic reforms in China from the late 1970s, leading to its market economy transformation.

Civilian Goods

Items produced for use by civilians, rather than for military purposes.

National Defense

The protective measures taken by a nation in order to defend itself against potential aggressors, including military forces and defense strategies.

Public Goods

Are goods that are non-excludable and non-rivalrous, meaning they can be consumed by one person without preventing the consumption of the good by another, and no one can be effectively excluded from using the good.