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djchewinggum djchewinggum
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A year ago
Which of the following statements identifies a similarity between optimization using total value and optimization using marginal analysis?

▸ Both techniques consider only the costs of different alternatives.

▸ Both techniques require the conversion of all costs and benefits into a common unit of measurement.

▸ Both techniques consider only the total benefits of different alternatives.

▸ Both techniques evaluate the total net benefit of different alternatives to arrive at a decision.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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letssdoothissletssdoothiss
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A year ago
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