Author Question: If the net benefit of Project A is 10 and that of Project B is 12, which of the following statements ... (Read 42 times)

geodog55

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If the net benefit of Project A is 10 and that of Project B is 12, which of the following statements is true?
 
  A) An individual can optimize by choosing Project B.
  B) Switching from Project A to Project B reduces the net benefit by 2.
  C) An individual can optimize by choosing Project A.
  D) Switching from Project A to Project B increases the net benefit by 1.2.

Question 2

Refer to the scenario above. The retailer adds a value of ________ to the production process.
 
  A) 3 billion B) 1 billion C) 10 billion D) 5 billion



JCABRERA33

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Answer to Question 1

A

Answer to Question 2

A



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