A Binding Less Than or Equal to (≤) Constraint in a Maximization

question 62

Multiple Choice

A binding less than or equal to (≤) constraint in a maximization problem means

• A) that all of the resource represented by the constraint is consumed in the solution.
• B) it is not a constraint that the level curve contacts.
• C) another constraint is limiting the solution.
• D) the requirement for the constraint has been exceeded.

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