Let X₁ and X₂ Be 0 - 1 Variables Whose

question 48

Multiple Choice

Let x₁ and x₂ be 0 - 1 variables whose values indicate whether projects 1 and 2 are not done or are done. Which answer below indicates that project 2 can be done only if project 1 is done?

• A) x₁ + x₂ = 1
• B) x₁ + x₂ = 2
• C) x₁ − x₂ ≤ 0
• D) x₁ − x₂ ≥ 0

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Definitions:

Private Hands

Ownership or control by private individuals or corporations, as opposed to public or government ownership.

Financial Institutions

Organizations that provide financial services, such as banks, insurance companies, and investment firms.

Socialist Economy

An economic system where the production and distribution of goods and services are regulated by the government, aiming for equal wealth distribution and minimizing economic inequalities.

State Enterprises

Businesses owned and operated by the government aimed at providing services or goods to the public.