Answer: Option D
Explanation: In simple words, optimal decision refers to the decision that results in at least that level of utility benefit as all other available options do . In other words, it has maximum potential for profit and least expectation of loss.
In such decision the utility is taken into consideration and is calculated on the basis of marginal cost and marginal benefit. If it provides for the higher probability that the marginal cost will be equal to marginal benefit than it would be considered as an optimal decision.
Hence the correct option is D.
What grade are you in? I don't understand the problem
The formula for finding the net present value is -C0 + [C1 / (1 + r)] + [C1 / (1 + r)²] + [C1 / (1 + r)³].
<h3>What is the net present value?</h3>
The net present value is a capital budgeting method. Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Only projects with a positive net present value should be accepted. A project with a negative net present value should not be chosen because it isn't profitable. When choosing between positive net present value projects, choose the project with the highest net present value first because it is the most profitable.
An advantage of the net present value method of capital budgeting is that it considers the times value of money. A disadvantage of net present value is that it is difficult to estimate the accurate discount rate.
To learn more about net present value, please check: brainly.com/question/25748668
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Answer:
The correct answer is letter "B": achievement.
Explanation:
<em>Highly-competitive</em> individuals tend to focus on the results of their activities, or, in other words, in their achievements. This characteristic of people makes them push themselves to their limits to find out how far they can go o they can accomplish their goals. Individuals who pay special attention to their achievements have little to no tolerance for failure.
<span>Changes in real income per capita</span>
