Generally, Assignment Problems Match People to an Equal Number of Tasks

question 35

True/False

Generally, assignment problems match people to an equal number of tasks at a minimum cost.

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Definitions:

Marginal Cost

The hike in overall cost that comes with the assembly of an extra unit of a product or service.

Elasticity

A measure in economics to show how much the quantity demanded or supplied of a good responds to a change in price or other factors.

Marginal Cost

The cost incurred by producing an additional unit of a product or service.

Elasticity

A measure of how much the quantity demanded or supplied of a good responds to a change in one of its determinants, such as its price.