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Title: Which of the following statements is TRUE? Post by: becky28 on Dec 11, 2022 Which of the following statements is TRUE?
▸ Optimization using total value calculates the change in net benefits when a person switches from one alternative to another. ▸ Marginal analysis is a key component in the process of optimization using total value. ▸ Only direct costs are considered when the net benefits of the alternatives are calculated. ▸ In both the techniques of optimization, all costs have to be converted to the same unit of measurement. Title: Which of the following statements is TRUE? Post by: Chintan13 on Dec 11, 2022 Content hidden
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