Examlex
An increase in supply means that quantity supplied rises
Solver
An optimization tool in spreadsheet programs that finds the optimal solution to a problem by changing multiple variables within constraints.
Optimal Number
The most favorable, efficient, or effective quantity determined through analysis or calculation for a specific criterion.
Monthly Profit
The net income earned by a business over the course of a month after all expenses have been subtracted from total revenue.
Unbounded Problem
A scenario in optimization where the solution can infinitely improve, meaning there are no constraints limiting the value of the objective function.
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