The Dual Price for a Constraint That Compares Funds Used

question 55

Multiple Choice

The dual price for a constraint that compares funds used with funds available is .058. This means that

• A) the cost of additional funds is 5.8%.
• B) if more funds can be obtained at a rate of 5.5%, some should be.
• C) no more funds are needed.
• D) the objective was to minimize.

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Definitions:

Paternalism

A moral position developed during the first half of the nineteenth century which claimed that slaves were deprived of liberty for their own “good.” Such a rationalization was adopted by some slaveowners to justify slavery.

Defense of Slavery

Justifications and arguments made to support and uphold the institution of slavery, often rooted in economic, social, or racial ideologies.

Sectional Conflict

Disputes and disagreements between different geographic, cultural, or economic regions within a country, often exemplified by the North-South divide in the United States over issues like slavery.

Abolitionist Societies

Organizations and groups formed in the 18th and 19th centuries primarily in the United States and Britain with the objective of ending the practice of slavery and the slave trade.