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Use Linear Programming to Solve Problems
Find the maximum or minimum value of the given objective function of a linear programming problem. The figure
illustrates the graph of the feasible points.
-Objective Function: z = x + 6y Find maximum.
Product Consumed
Refers to goods or services that have been used by consumers, fulfilling needs or wants.
Marginal Utility
The extra pleasure or benefit a customer gets from purchasing an additional unit of a product or service.
Utility
The satisfaction or benefit derived by consuming a product or service.
Objectively Determined
Describes a value or decision made based on factual and unbiased criteria, removing personal feelings or opinions.
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