A country produces only pencils and erasers. Pencil production is allocatively efficient if the marginal ________ of a pencil equals the marginal ________ of ________. A: cost; benefit; an eraser B: cost; cost; an eraser C: benefit; benefit; an eraser D: benefit; cost; a pencil
A country produces only pencils and erasers. Pencil production is allocatively efficient if the marginal ________ of a pencil equals the marginal ________ of ________. A: cost; benefit; an eraser B: cost; cost; an eraser C: benefit; benefit; an eraser D: benefit; cost; a pencil
Which of the following items is not a method of economic evaluation? A: cost minimization analysis B: cost-benefit analysis C: cost- effectiveness analysis D: cost-utility analysis E: cost analysis
Which of the following items is not a method of economic evaluation? A: cost minimization analysis B: cost-benefit analysis C: cost- effectiveness analysis D: cost-utility analysis E: cost analysis
Research has to focus on the cost benefit of factors such as reliability because ______.
Research has to focus on the cost benefit of factors such as reliability because ______.
Susan likes to drink sodas. The ( ) soda Susan drinks, the ( ) of the last soda. A: more; higher the marginal benefit B: less; higher the opportunity cost C: less; lower the marginal benefit D: more; lower the marginal benefit
Susan likes to drink sodas. The ( ) soda Susan drinks, the ( ) of the last soda. A: more; higher the marginal benefit B: less; higher the opportunity cost C: less; lower the marginal benefit D: more; lower the marginal benefit
4. Politeness Principle can be stated in such a way: Other things being equal, ( )the expression of ( )beliefs and ( )the expression of( )beliefs. ( ). A: maximize, benefit, minimize, cost B: minimize, benefit, maximize, cost C: maximize, impolite, minimize, polite D: minimize, impolite, maximize, polite
4. Politeness Principle can be stated in such a way: Other things being equal, ( )the expression of ( )beliefs and ( )the expression of( )beliefs. ( ). A: maximize, benefit, minimize, cost B: minimize, benefit, maximize, cost C: maximize, impolite, minimize, polite D: minimize, impolite, maximize, polite
Research has to focus on the cost benefit of factors such as reliability because ______. A: as reliability increases, manufacturing final cost may increase B: as reliability increases, manufacturing costs and the final cost will decrease C: as reliability decreases, manufacturing costs and the final cost will decrease D: as reliability increases, manufacturing costs and the final cost may increase
Research has to focus on the cost benefit of factors such as reliability because ______. A: as reliability increases, manufacturing final cost may increase B: as reliability increases, manufacturing costs and the final cost will decrease C: as reliability decreases, manufacturing costs and the final cost will decrease D: as reliability increases, manufacturing costs and the final cost may increase
The document that officially sanctions the project is the （ ）。 A: Project charter B: Feasibility study C: Project plan D: Benefit/Cost analysis
The document that officially sanctions the project is the （ ）。 A: Project charter B: Feasibility study C: Project plan D: Benefit/Cost analysis
A<br/>rational decision maker takes an action only if the() A: marginal benefit is less than the marginal<br/>cost. B: marginal benefit is greater than the<br/>marginal cost. X C: average benefit is greater than the average<br/>cost. D: marginal benefit is greater than both the<br/>average cost and the marginal cost.
A<br/>rational decision maker takes an action only if the() A: marginal benefit is less than the marginal<br/>cost. B: marginal benefit is greater than the<br/>marginal cost. X C: average benefit is greater than the average<br/>cost. D: marginal benefit is greater than both the<br/>average cost and the marginal cost.
What Is a Cost-Benefit Analysis?
What Is a Cost-Benefit Analysis?
A cost-benefit analysis is the process used to measure ( ) or ( ) associated with taking that action.
A cost-benefit analysis is the process used to measure ( ) or ( ) associated with taking that action.