Dual Prices Cannot Be Used for Integer Programming Sensitivity Analysis

question 9

True/False

Dual prices cannot be used for integer programming sensitivity analysis because they are designed for linear programs.

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Definitions:

APS

Average Propensity to Save, the proportion of total income that is saved by the economy or an individual.

Consumption

Pertains to the aggregate volume of products and services that are purchased and consumed by families and people.

MPC

The marginal propensity to consume, which is the fraction of additional income that a household spends on consumption.

Disposable Income

Financially viable resources for households' spending and saving strategies after deducting income taxes.