Which of the Following Problems Are Special Types of Minimum

question 29

Multiple Choice

Which of the following problems are special types of minimum cost flow problems?
I.Transportation problems.
II.Assignment problems.
III.Transshipment problems.
IV.Shortest path problems.

• A)I and II only.
• B)I,II,and III only.
• C)IV only.
• D)I,II,III,and IV.
• E)None of the above.

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Definitions:

Tariff

A tax imposed on imported goods and services to control trade volumes, protect domestic industries, or generate revenue.

Efficiency

The optimal allocation and utilization of resources to maximize productivity and minimize waste in the production of goods and services.

Domestic Industry

The industries that produce goods and services within a country's own borders.

Equilibrium Price

The price at which the quantity of a product offered is equal to the quantity of the product demanded.