If a Single Optimal Solution Exists to a Graphical LP

question 19

True/False

If a single optimal solution exists to a graphical LP problem, it will exist at a corner point.

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Definitions:

World War I

A global conflict that occurred from 1914 to 1918, involving many of the world's great powers divided into two opposing alliances: the Allies and the Central Powers.

International Financial System

The global network of government institutions, financial markets, currencies, and regulations that support international trade and investment.

Gold Standard

A monetary system in which the standard economic unit of account is based on a fixed quantity of gold.

Fixed Rate

An interest rate that remains constant over the duration of a loan or investment, as opposed to a variable or floating rate.