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could you answer this question For an unconstrained optimization problem, the optimal level of an activity is that for which: total benefit exceeds...
could you answer this questionFor an unconstrained optimization problem, the optimal level of an activity is that for which:a. total benefit exceeds total cost by the greatest amount possible.b.marginal benefit equals the marginal cost.c.marginal benefit exceeds total benefit by the greatest amount possible.d.both a and b.
Question:For an unconstrained optimization problem, the optimal level of an activity is that for which:a. total benefit exceeds total cost by the greatest amount possible.b.marginal benefit...