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Question : (a) What is meant by the do-nothing alternative? (b) When is...

(a) What is meant by the do-nothing alternative?

(b) When is the do-nothing alternative not an option?

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(a) The do-nothing alternative means that the status-quo should be maintained. That is, If
none of the alternatives under consideration are economically attractive, all of them
should be rejected.

(b) Do-nothing is not an option when the alternatives being evaluated are cost alternatives,
which means that one of them must be selected.