What Is the Region That Satisfies All of the Constraints

question 85

Multiple Choice

What is the region that satisfies all of the constraints in linear programming called?

• A) area of optimal solutions
• B) area of feasible solutions
• C) profit maximization space
• D) region of optimality
• E) region of non-negativity

---

Definitions:

Industry Standard

Widely accepted criteria, guidelines, or practices that are used within a specific industry.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers at those prices.

Marginal Revenue

The increase in income resulting from the sale of one extra product or service unit.

Natural Monopoly

A market condition where a single firm can supply a product or service at a lower cost than any potential competitor, often due to economies of scale.