If a layout problem is solved by use of heuristics, this means that:
A) there is no other way to solve the problem.
B) no computer software is available.
C) the problem has only a few alternatives to evaluate.
D) no optimum solution exists.
E) a satisfactory, but not necessarily optimal, solution is acceptable.
E
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Which of the following is an instance of a decision involving the Equal Protection Clause being made on the basis of the rational basis test?
A. The government requires only men above the age of 18 to volunteer for military service. B. The government establishes a trust fund to provide financial aid to minority groups. C. A state government employs measures to improve living conditions on Native American reservations. D. The government provides subsidies to farmers, but not to carpenters or lumberjacks.
When are sunk costs omitted from decision analysis?
A) Always B) Never C) Only if necessary D) Only if they are immaterial
According to the par value system, every member of the IMF, on joining the Fund, ________
A. had to implement the U.S. dollar as its international reserve currency B. had to adopt the gold exchange rate system of monetary exchange C. had to declare a value at which its currency could be converted into gold D. had to define the value of their currency by any criteria except gold
Aunt Anastasia's available hours for paint and seal have fallen from 80 hours to 60 hours because of other commitments. How will this affect her profits?
A) Profits will increase by $30. B) Profits will decrease by $20. C) Profits will increase by $20. D) Profits will not change.