Which of the Following Is an Assumption of Linear Programming

question 21

Multiple Choice

Which of the following is an assumption of linear programming?

• A) Average variable costs remain constant throughout the year.
• B) Opportunity costs are irrelevant in decision making.
• C) Few sunk costs are relevant in decision making.
• D) All costs are either variable or fixed for a single cost driver.

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Definitions:

Intrinsic Motivation

The drive to engage in an activity for its own sake, out of interest or enjoyment, rather than for an external reward.

Extrinsic Motivation

A type of motivation driven by external rewards outside the individual, such as money, fame, grades, or praise.

Instrumental Conditioning

A learning process in which behavior is modified by the reinforcing or inhibiting effects of the resulting consequences.

Dual Income

Refers to a household in which there are two sources of income, typically from two working adults.