Find the Shortest Route from Node 1 to Node 4

question 34

Multiple Choice

Find the shortest route from Node 1 to Node 4 using the shortest-route technique.

• A)650
• B)450
• C)550
• D)500

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Definitions:

Profitable Output

The level of production at which a company maximizes its profits under given market conditions.

Break-even Point

The production level at which total revenues equal total expenses, and there is no profit or loss.

Short-run Supply Curve

A graphical representation in economics showing the relationship between the price level and the quantity of goods supplied over a short period, where some factors of production are fixed.

AVC Curve

The Average Variable Cost curve represents how the variable cost per unit of output changes with the quantity produced.