2.The difference between the transportation and assignment problems is that a. total supply must equal total demand in the transportation problem b. the number of origins must equal the number of destinations in the transportation problem c. each supply and demand value is 1 in the assignment problem d. there are many differences between the transportation and assignment problems

c. each supply and demand value is 1 in the assignment problem

Explanation: Transportation this is the movement of goods, services and people from one destination to another. Transportation problem, and the assignment problem are different. Because every supply and demand value available on the assignment problem is 1, which isn’t the case for the transportation problem also.

a. $48.75

is the answer to your question

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know