An Analyst, Having Solved a Linear Programming Problem, Determined That

question 87

Multiple Choice

An analyst, having solved a linear programming problem, determined that he had 10 more units of resource Q than previously believed. Upon modifying his program, he observed that the list of basic variables did not change, but the value of the objective function increased by $30. This means that resource's Q's shadow price was

• A)$1.50.
• B)$3.00.
• C)$6.00.
• D)$15.00.
• E)$30.00.

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Definitions:

Church Attendance

The practice of going to church services, reflecting religious commitment, community involvement, or personal belief.

Longevity

The length of life or existence of an individual or organism; typically refers to living long beyond the expected age norms.

Hopefulness

A feeling of expectation and desire for a certain thing to happen, often involving optimism and a positive outlook.

Childrearing

The process of bringing up, nurturing, and educating a child from infancy to adulthood.