Limited Resources Are Modeled in Optimization Problems as

question 68

Multiple Choice

Limited resources are modeled in optimization problems as

• A) an objective function.
• B) constraints.
• C) decision variables.
• D) alternatives.

---

Definitions:

Stratification

The arrangement or classification of something into different groups, levels, or ranks, often used to describe the hierarchical layering of people in a society based on wealth, race, education, etc.

Bourgeoisie

The owners of the means of production.

Petite Bourgeoisie

A social class positioned between the lower middle class and the working class, often including small business owners and self-employed individuals.

Olin Wright

A sociologist known for his work on social class, inequality, and the possibilities for social change in capitalist societies.