The Sum of Two or More Binary Variables Must Be

question 44

Multiple Choice

The sum of two or more binary variables must be less than or equal to one in _____ constraint.

• A) corequisite
• B) conditional
• C) multiple-choice
• D) mutually exclusive

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Definitions:

Production Function

Describes the relationship between the quantities of inputs used in production and the quantity of output produced, illustrating how input changes affect output.

Returns To Scale

Refers to how the output of a production process changes as all input quantities are scaled up or down.

Marginal Products

The additional output that is produced by employing one more unit of a specific input, while keeping other inputs constant.

Exponents

mathematical operations denoting how many times a number, the base, is multiplied by itself.