In the General Linear Programming Model of the Assignment Problem

question 18

Multiple Choice

In the general linear programming model of the assignment problem,

• A)one agent can do parts of several tasks.
• B)one task can be done by several agents.
• C)each agent is assigned to its own best task.
• D)one agent is assigned to one and only one task.

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Definitions:

Imports

Goods or services brought into a country from abroad for sale, which can impact a nation's balance of trade.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time.

Balance Of Trade

The difference between a country's exports and imports of goods and services, indicating whether a country has a trade surplus or deficit over a specific period.