What does making 'how much' decisions involve?
A)Calculating the total benefits of the activity and determining if you are satisfied with that amount.
B)Calculating the total costs of the activity and determining if you can afford to incur that expenditure.
C)Calculating the average benefit and the average cost of an activity to determine if it is worthwhile undertaking that activity.
D)Determining the additional benefits and the additional costs of that activity.

Question

Quizplus · Accepted Answer

Making 'how much' decisions involve determining the additional benefits and the additional costs of an activity, which allows individuals to make an informed decision about whether the benefits outweigh the costs. Option A is incorrect because it only considers total benefits and ignores costs. Option B is incorrect because it only considers total costs and ignores benefits. Option C is incorrect because it only considers averages and does not take into account individual circumstances or preferences.

What Does Making 'How Much' Decisions Involve