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For this optimal simplex tableau, the right-hand sides for the two original constraints were 300 and 250. The problem was a minimization.
a.What would the new solution be if the right-hand side value in the first constraint had been 325?
b.What would the new solution be if the right-hand side value for the second constraint had been 220?
Equilibrium Price
The price at which the quantity of a product offered is equal to the quantity of the product in demand, thus the market is in balance.
Compact Discs
Optical storage media used to store data, including music and software, readable by laser-based players and computers.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period of time.
Equilibrium Price
The market price at which the quantity of a good or service demanded equals the quantity supplied, leading to market stability.
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