A Shadow Price Reflects Which of the Following in a Maximization

question 32

Multiple Choice

A shadow price reflects which of the following in a maximization problem?

• A)The marginal cost of adding additional resources
• B)The marginal gain in the objective that would be realized by adding one unit of a resource
• C)The net gain in the objective that would be realized by adding one unit of a resource
• D)The marginal gain in the objective that would be realized by subtracting one unit of a resource
• E)Assessing the impact of potential changes of the parameters (numerical values)of an LP model on its optimal solution.

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Definitions:

Inconsistent Person

Refers to an individual whose actions, opinions, or behaviors vary widely over time, showing a lack of predictability or stability.

Faulty Parallelism

A grammatical inconsistency where elements of similar importance in a sentence are not presented in a consistent linguistic form.

Mother Teresa

An Albanian-Indian Roman Catholic nun and missionary known for her charitable work with the poor in Kolkata, India.

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