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:

Accounting Profits

The net income for a company as calculated through the standard accounting principles, reflecting revenues minus costs and expenses.

Savings Account

A bank account that earns interest on the deposited funds, offering a safe way to save money for future use.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage.

Economic Profit

The difference between a firm's total revenue and its opportunity costs, including both explicit and implicit costs.