Being knowledgeable about research and research methods helps professional managers to: Identify and effectively solve minor problems in the work setting. (Select all that apply) A. Know how to discriminate good from bad research. B. Appreciate the multiple influences and effects of factors impinging on a situation. C. Take calculated risks in decision making. D. Combine experience with scientific knowledge while making decisions.

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.