Question

b. niko, a local ups manager, is trying to decide whether she should pay for additional trucks and drivers. when niko considers whether she should pay for one more truck and driver, she is applying the principle. incorrect answer when niko compares the cost of a new truck and driver to the benefit of increasing the package center’s daily deliveries, she is applying the principle. incorrect answer if niko decides that paying for a new software upgrade is a better alternative than paying for additional trucks and drivers, she is applying the principle. incorrect answer if niko decides to pay for additional trucks and drivers because she expects the coming season to be extremely busy, she is applying the principle. incorrect answer

Explanation:

1. When considering one - more unit (truck and driver), it's the marginal principle as it focuses on the incremental change.
2. Comparing cost and benefit of a new truck and driver is the cost - benefit principle, which weighs costs against benefits.
3. Deciding on a software upgrade over additional trucks and drivers is the opportunity - cost principle as it involves choosing the best alternative and giving up the next best one.
4. Paying for additional resources based on future expectations (busy season) is the principle of expectations as it's based on anticipated future conditions.

Answer:

1. Marginal
2. Cost - Benefit
3. Opportunity - Cost
4. Expectations