The Dual Price Measures, Per Unit Increase in the Right

question 44

Multiple Choice

The dual price measures, per unit increase in the right hand side of the constraint,

• A) the increase in the value of the optimal solution.
• B) the decrease in the value of the optimal solution.
• C) the improvement in the value of the optimal solution.
• D) the change in the value of the optimal solution.

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Definitions:

Zimbabwe

A landlocked country located in Southern Africa known for its diverse landscape and wildlife, much of it within parks, reserves, and safari areas.

Optimal Quantity

Refers to the quantity of a good or service that maximizes efficiency or utility, often considered in terms of production or consumption.

Current Price

The present monetary value at which a good or service can be bought or sold.

Resource

Assets, materials, or inputs utilized in the production of goods and services.