If the Right-Hand Side of Resource B Changes to 10,then

question 50

Multiple Choice

If the right-hand side of Resource B changes to 10,then the objective function value:

• A)will decrease by $120
• B)will decrease by $60
• C)will decrease by $20
• D)will remain the same
• E)can only be discovered by resolving the problem

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Definitions:

Tax

An essential fiscal demand or variant form of duty exacted from a taxpayer by a governmental institution, intended to sustain government expenditure and miscellaneous public financial requirements.

Externality

An economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume.

Activity

Any action or task undertaken by individuals or groups, often resulting in production or consumption of goods or services.

External Costs

Costs of economic activities that affect third parties outside the transaction, which are not reflected in market prices.