In Linear Programming,sensitivity Analysis Involves Examining How Sensitive the Optimal

question 37

Multiple Choice

In linear programming,sensitivity analysis involves examining how sensitive the optimal solution is to changes in:

• A) profit of variables in model
• B) cost of variables in model
• C) resources available
• D) All of these options

Understand the essential components and types of research methods in psychology.

Identify and explain the importance of external and internal validity in research.

Describe the process and significance of operational definitions in psychological research.

Explain the role of random assignment and sampling techniques in research.

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Definitions:

Supply Curve

a graphical representation showing how the quantity supplied of a good or service varies with its price.

Marginal Cost

The expense incurred by producing one additional unit of a product.

Average Variable Cost

The total variable cost of production divided by the quantity of output produced, reflecting the average cost of each unit of output on variable factors.

Exclusive Right

A legal entitlement granting someone the sole authority to engage in a certain activity or use a specific property.