What Is the Objective Function for the Following Shortest Path

question 48

Multiple Choice

What is the objective function for the following shortest path problem?

• A)−X₁₂ − X₁₃ = 0
• B)MIN −50 X₁₂ − 200 X₁₃ + 100 X₂₄ + 35 X₃₄
• C)MIN 50 X₁₂ + 200 X₁₃ + 100 X₂₄ + 35 X₃₄
• D)MAX −50 X₁₂ − 200 X₁₃ + 100 X₂₄ + 35 X₃₄

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Definitions:

Comparative Advantage

The ability of a country or individual to produce a particular good or service at a lower opportunity cost than another entity, forming the basis for trade.

Almonds

Edible seeds of the almond tree, widely consumed worldwide and used in various foods and culinary preparations.

Export

Products or services shipped from one nation to another for the purpose of sale or exchange.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade possibilities.