There are three alternatives for producing a needed resource. The table below presents mean costs and variance of costs for each of them. If mean-variance dominance is applied to these alternatives then
A)A dominates B.
B)B dominates C.
C)C dominates A.
D)B dominates A.
E)A dominates C.

Question

There are three alternatives for producing a needed resource. The table below presents mean costs and variance of costs for each of them.  If mean-variance dominance is applied to these alternatives then
A)A dominates B. 
B)B dominates C. 
C)C dominates A. 
D)B dominates A. 
E)A dominates C.

Quizplus · Accepted Answer

The Answer of There are three alternatives for producing a needed resource. The table below presents mean costs and variance of costs for each of them.  If mean-variance dominance is applied to these alternatives then
A)A dominates B. 
B)B dominates C. 
C)C dominates A. 
D)B dominates A. 
E)A dominates C.

There Are Three Alternatives for Producing a Needed Resource