Out of a set of feasible alternatives, an optimizer should choose the alternative with the:

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Out of a set of feasible alternatives, an optimizer should choose the alternative with the:

Out of a set of feasible alternatives, an optimizer should choose the alternative with the:
A) highest net benefit.
B) highest opportunity cost.
C) lowest total cost, regardless of benefit.
D) highest total benefit, regardless of cost.

Textbook

Microeconomics

Edition: 1^st

Authors: Acemoglu, Laibson, List

Read 450 times

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AndrewKraus Author

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7 years ago

Excellent answer, thx

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Nasib F.

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3 years ago

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