A Marketing Research Application Uses the Variable HD to Represent $\ge$

question 34

Multiple Choice

A marketing research application uses the variable HD to represent the number of homeowners interviewed during the day. The objective function minimizes the cost of interviewing this and other categories and there is a constraint that HD $\ge$ 100. The solution indicates that interviewing another homeowner during the day will increase costs by 10.00. What do you know?

• A)the objective function coefficient of HD is 10.
• B)the dual price for the HD constraint is 10.
• C)the objective function coefficient of HD is -10.
• D)the dual price for the HD constraint is -10.

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Definitions:

Behaviorism

A branch of psychology that studies observable behaviors, emphasizing the role of environmental factors in shaping behavior.

Cognitive Development

Refers to the progressive and ongoing growth of perception, memory, imagination, and problem-solving skills.

Concrete Operational

A stage in Piaget's theory of cognitive development, occurring roughly between the ages of 7 and 12, during which children gain the ability to think logically about concrete events.

Sensorimotor

Referring to a developmental stage in children characterized by the coordination of sensory experiences with motor actions.