The Optimal Solution to an Assignment Model Can Be Obtained

question 52

Multiple Choice

The optimal solution to an assignment model can be obtained by solving the problem as each of the following models except:

• A)a traveling salesman model.
• B)a transportation model.
• C)a binary integer programming model.
• D)a linear programming model.

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Definitions:

Socially Optimal Level

An economic condition where resources are allocated in a way that maximizes the overall benefit to society, considering both efficiency and equity.

Regulation

A rule or directive made and maintained by an authority.

Taxation

The process by which governments charge fees on individuals and corporations to fund public services and infrastructure.

Market Inefficiencies

Situations where resources are not distributed optimally in a market, often leading to a loss in economic or social value.