A Marketing Research Application Uses the Variable HD to Represent $\ge$

question 34

Multiple Choice

A marketing research application uses the variable HD to represent the number of homeowners interviewed during the day. The objective function minimizes the cost of interviewing this and other categories and there is a constraint that HD $\ge$ 100. The solution indicates that interviewing another homeowner during the day will increase costs by 10.00. What do you know?

• A)the objective function coefficient of HD is 10.
• B)the dual price for the HD constraint is 10.
• C)the objective function coefficient of HD is -10.
• D)the dual price for the HD constraint is -10.

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Definitions:

Conflict Perspective

A theoretical framework in sociology that views social life as a competition for limited resources, emphasizing the conflicts between differing social classes and groups.

Reproduce Inequality

The perpetuation and maintenance of unequal social structures and relationships across generations, often through institutional practices and cultural norms.

Unequal Funding

The disparity or imbalance in financial resources allocated to different institutions, organizations, or sectors, often leading to inequalities in quality and outcomes.

Self-Fulfilling Prophecy

A belief or prediction that, by being spoken or thought of, influences events to unfold in a way that confirms the belief or prediction.