If an Assignment Problem Consists of 6 Workers and 7

question 83

Multiple Choice

If an assignment problem consists of 6 workers and 7 projects:

• A) one worker will not get a project assignment.
• B) one worker will be assigned two projects.
• C) each worker will contribute work toward the seventh project.
• D) one project will not get a worker assigned.
• E) The problem cannot be solved by assignment method.

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a specified time period.

Elastic

describes a situation where the quantity demanded or supplied changes significantly in response to price changes.

Total Revenue

The entire amount of income generated by the sale of goods or services before any expenses are deducted.

Price Lowered

A reduction in the cost of goods or services.