Both optimization in levels and optimization in differences: ...

[acc299]

Both optimization in levels and optimization in differences:
 
  A) consider only the benefits from different alternatives.
  B) consider only the costs incurred in different alternatives.
  C) provide identical answers when comparing two alternatives.
  D) require the calculation of change in net benefits of switching from one alternative to another.

Question 2

Refer to the scenario above. The situation here is similar to that in a(n) ________.
 
  A) prisoners' dilemma
  B) zero-sum game
  C) ultimatum game
  D) symmetric game

[AISCAMPING]

Answer to Question 1

C

Answer to Question 2

C

[acc299]

Thanks for the timely response, appreciate it

[kswal303]

Excellent