Which of the Following Are Disadvantages of the Evolutionary Solver

question 40

Multiple Choice

Which of the following are disadvantages of the Evolutionary Solver?

• A)It does not deal well with complicated objective functions.
• B)It does perform well on models with many constraints.
• C)It is easily trapped at local optima.
• D)a and b.
• E)None of the above.

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Definitions:

Elastic Demand

Elastic demand refers to a situation where the quantity demanded of a product or service significantly changes in response to changes in its price.

Excise Tax

A specific type of tax imposed on certain goods, services, or activities, often aimed at discouraging their use or raising revenue from specific sources.

Government Revenue

The total money received by a government from taxes and non-tax sources to finance government operations and services.

Excise Tax

A tax applied to specific goods or services, often included in the price of products such as tobacco, alcohol, and fuel.