A Shadow Price Reflects Which of the Following in a Maximization

question 38

Multiple Choice

A shadow price reflects which of the following in a maximization problem?

• A)marginal cost of adding additional resources
• B)marginal gain in the objective that would be realized by adding one unit of a resource
• C)net gain in the objective that would be realized by increasing an objective function coefficient
• D)marginal gain in the objective that would be realized by subtracting one unit of a resource
• E)expected value of perfect information

---

Definitions:

Grammatical Form

The structure and arrangement of words in sentences, which follow specific syntactic rules of a language.

Language Acquisition

The process by which humans learn to comprehend and communicate language, typically during childhood.

Satire

The use of irony, derision, or wit to expose folly or wickedness.

Irony

The use of words to convey a meaning that is the opposite of its literal meaning, often for humorous or emphatic effect.