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Q. The coach of an age group swim team needs to assign swimmers to a 200-yard medley relay team to send to the Junior Olympics. Since most of his best swimmers are very fast in more than one stroke, it is not clear which swimmer should be assigned to every of the four strokes. The five fastest swimmers also the best times (in seconds) they have achieved in every of the strokes (for 50 yards) areStroke Carl Chris David Tony KenBackstroke 37.7 32.9 33.8 37.0 35.4Breaststroke 43.4 33.1 42.2 34.7 41.8Butterfly 33.3 28.5 38.9 30.4 33.6Freestyle 29.2 26.4 29.6 28.5 31.1
The coach wishes to Conclude how to assign four swimmers to the four different strokes to minimize the sum of the corresponding best times.
(a) Formulate this trouble as an assignment trouble.
(b) Obtain an optimal solution.
Merit goods have received considerable attention. Can concerts and other publicly provided services be rationalized using these ideas.
Changes in disposable income affect government purchases and the government purchase function. How do changes in net taxes affect the consumption function.
Suppose the distribution of innate ability is distributed symmetrically throughout a population but which the wage distribution is positively skewed.
The opportunity cost of Juan's time is $8 per hour. If Juan receives $2 per pound for his fish, what is the optimal number of hours he should spend fishing.
The project management role has several responsibilities in the area of scope. Which of the following represent these areas for scope.
Can an economy be faced with endless trade cycles also still have its Real GDP grow over time?
It is possible for a company with positive retained earnings to be unable to pay cash dividend since they may not have the cash supply.
Assume that a very competitive start-up enters the market in direct competition with the oligopoly you described in the e-Activity.
Viennese artist Gustav Klimt's Portrait of Adele Bloch- Bauer was sold in New York for $135 million. Illustrate using supply and demand curve.
No less than 1000 words (excluding the title page, bibliography and appendices). Question 1. A Study into the Key Principles of Economics.
How can the issue, perspective, concept or model enhance and enrich understanding of International Economics.
Explain how would you expect each of the following events to affect the amount they save each month.
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