Examlex
The optimal solution of a linear programming problem will always occur on a corner of the feasible region.
Horizontal Axis
In a graphical representation, the x-axis, which typically shows the independent variable or the quantity of goods.
Vertical Axis
in a graph or chart, the y-axis which typically represents the range of values or dependent variables.
Perfect Substitute
Goods that can be completely replaced by another with no loss of utility to the consumer, such as different brands of sugar.
Units Of Good
The individual items or quantities of a product that can be quantified, counted, and often sold individually.
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