Effective decision-making means comparing the additional
costs of alternatives with the marginal benefits.
To add, <span>a </span>marginal benefit<span> is the additional satisfaction or utility that a
person receives from consuming an additional unit of a good or service.</span> It
is also the topmost amount he is willing to pay to consume that additional
unit of a good or service.
I took this before, and it is <span>C) All three groups are about equally segregated.</span>
Quality control is a process of making certain that every single product is identical...size, shape, color, packaging, weight, taste, etc..meeting pre-determined standards. It is necessary for the buyer to know that, for example, M&Ms purchased in Poland will not differ from those purchased in Alabama.
