The Assignment Problem Is a Special Case of the Transportation

question 20

True/False

The assignment problem is a special case of the transportation problem in which all supply and demand values equal one.

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Definitions:

Marginal Costs

The additional cost of producing one more unit of a product or service.

External Cost

Costs that are not borne by the individuals or entities responsible for producing or consuming a good or service, often affecting third parties.

Marginal Cost

The increase in total production costs resulting from the production of one additional unit of a product or service.

Artificially Scarce Good

A product or service that is made scarce through artificial means such as monopoly control or government regulations, rather than limited by natural resources.