If the Following Represents Decision Variables for the Number of Hours

question 27

Multiple Choice

If the following represents decision variables for the number of hours employee i works in week j ,​ then to indicate that the number of working hours of 4 employees in week 3 should not exceed 160 hours,we must have the constraint

• A) the cell in row 3 column 4 must be <= 160
• B) the sum of the column 1 cells must be <= 160
• C) the sum of the row 3 cells must be <= 160
• D) the sum of the column 3 cells must be <= 160

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Definitions:

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not diminish another's.

Government

The organized assembly or body of individuals leading a structured society, typically a nation.

Monopolies

Market structures characterized by a single seller facing no competition in offering a unique product or service.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning no one can be prevented from using them and one person's use does not reduce their availability to others.