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Kryger [21]
2 years ago
7

In the case of a continuous control variable, in order to maximize net benefits, the managerial control variable should be used

up to the point where:__________
Social Studies
1 answer:
miss Akunina [59]2 years ago
8 0

In the case of a continuous control variable, in order to maximize net benefits, the managerial control variable should be used up to the point where the value of net marginal benefits comes out to be 0.

<h3>What is a continuous control variable?</h3>

A control variable is any factor which is controlled. This factor is kept constant in the experiment. Due to this, it is also known as controlled variable or a constant variable. One single experiment may contain many control variables.

Managerial control refers to the means through which the managers as well as the leaders of any organization or company set the standards of performance, monitor this performance in light of those preset standards, reflect on them and critically analyze them. Based on their analysis they take necessary corrective measures.

To know more about control variable, visit:

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