A Shadow Price Reflects Which of the Following in a Maximization

question 69

Multiple Choice

A shadow price reflects which of the following in a maximization problem?

• A) The marginal cost of adding additional resources.
• B) The marginal gain in the objective value realized by adding one unit of a resource.
• C) The marginal loss in the objective value realized by adding one unit of a resource.
• D) The marginal gain in the objective value realized by subtracting one unit of a resource.
• E) None of the choices is correct.

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Definitions:

Biological Consequences

Outcomes or effects on living organisms resulting from changes or processes in their environment or biology.

Epidemiology

The study of the distribution, determinants, and deterrents of health and disease conditions in defined populations.

Population

The total number of individuals inhabiting a specific area or the total count of a particular species.

Disease

A medical condition with specific symptoms and signs, often caused by infections, genetics, or environmental factors, that affects normal body functions.