Which of the Following Is Not an Assumption of a Shortest

question 4

Multiple Choice

Which of the following is not an assumption of a shortest path problem?

• A)The lines connecting certain pairs of nodes always allow travel in either direction
• B)Associated with each link or arc is a nonnegative number called its length
• C)A path through the network must be chosen going from the origin to the destination
• D)The objective is to find a shortest path from the origin to the destination
• E)None of the above

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Definitions:

Price Elasticity

measures how sensitive the quantity demanded or supplied of a good is to a change in its price, indicating the responsiveness of market participants to price changes.

Price Elasticity

A measure of the responsiveness of the quantity demanded of a good to a change in its price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price point.

Equilibrium Price

The cost level where the amount of a product or service that consumers want to buy equals what is available, resulting in a balanced market situation.