Table 911
a Company of Four Departments Has the Following
Trip

question 72

Multiple Choice

Table 9.11
A company of four departments has the following
trip matrix and current locations of all departments:
Trips Between Departments
$$\begin{array} { | c | c | c | c | c | } \hline & \mathrm { A } & \mathrm { B } & \mathrm { C } & \mathrm { D } \\\hline \mathrm { A } & - & 18 & 0 & 25 \\\mathrm {~B} & & - & 30 & 0 \\\mathrm { C } & & & - & 12 \\\mathrm { D } & & & & - \\\hline\end{array}$$
Current Layout
$$\begin{array} { | c | c | } \hline A & B \\\hline C & D \\\hline\end{array}$$
-Use the information in Table 9.11.What is the load-distance score for the current layout? (Assume rectilinear distance and that the distance between departments A and B is one unit of distance.)

• A) less than or equal to 80
• B) more than 80 but less than or equal to 95
• C) more than 95 but less than or equal to 110
• D) more than 110

Evaluate the short-term and long-term effects of rent control on housing markets.

Differentiate between binding and non-binding price ceilings and floors.

Examine the dynamic between supply, demand, and the elasticity in regulated markets.

Understand the concept of price floors and their impact on market equilibrium.

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