A Maximizing Linear Programming Problem with Constraints C1, C2, and C3

question 95

Multiple Choice

A maximizing linear programming problem with constraints C1, C2, and C3 has been solved. The dual values associated with the problem are C1 = $2, C2 = $0.50, and C3 = $0. Which statement below is False?

• A) One more unit of the resource in C1 would add $2 to the objective function value.
• B) One more unit of the resource in C2 would add one more unit each of X and Y.
• C) The resource in C3 has not been used up
• D) The resources in C1 and in C2, but not in C3, are scarce.
• E) All of the above are true.

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Definitions:

Modern Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context, emphasizing recent developments and methodologies.

William James

An American philosopher and psychologist, often referred to as the father of American psychology.

Functionalists

A perspective in sociology and psychology that emphasizes the importance of the roles that elements of society or consciousness serve in making the whole system work.

William James

A pioneering American psychologist and philosopher known for his theories on pragmatism and functionalism.