If a Problem Is Infeasible Then

question 34

Multiple Choice

If a problem is infeasible then:

• A)it was not formulated correctly
• B)it is the constraints that are to blame,not the objective function
• C)at least one of the decision variable will have an optimal value of infinity
• D)None of the above
• E)All of the above

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Definitions:

Inflation

A sustained increase in the general price level of goods and services in an economy over a period of time, usually measured by the consumer price index (CPI).

Countercyclical Intervention

Economic policies or actions taken to counteract the negative effects of economic downturns.

New Classical Economists

A group of economists who believe in the rational expectations theory, advocating that markets generally operate efficiently and that policy interventions often lead to unintended consequences.

Macroeconomic Theory

Macroeconomic theory involves the study and analysis of economy-wide phenomena, including inflation, national income, and unemployment.