When Using the Lagrangian Technique for Solving a Constrained Cost-Minimization $\lambda$

question 19

Multiple Choice

When using the Lagrangian technique for solving a constrained cost-minimization problem,the Lagrangian multiplier $\lambda$ is:

• A) the optimal level of cost.
• B) the minimized marginal cost.
• C) the minimized total cost.
• D) the maximized profit.
• E) equal to zero.

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