Let X1 and X2 Be 0-1 Variables Whose Values Indicate

question 34

Multiple Choice

Let x1 and x2 be 0-1 variables whose values indicate whether projects 1 and 2 are/are not done.Which of the following answers indicates that project 2 can be done only if project 1 is done?

• A)x₁ + x₂ = 1
• B)x₁ + x₂ = 2
• C)x₁ − x₂ ≤ 0
• D)x₁ − x₂ ≥ 0

---

Definitions:

Company's Profits

The financial gain realized when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain the activities.

Interest

The cost of borrowing money or the return earned on an investment, typically expressed as a percentage.

Accounting Period

A specific time period at the end of which an organization prepares financial statements.

Income Statement

A financial statement that shows a company’s revenues and expenses over a specific period, illustrating how the revenues are transformed into net income or loss.