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Assume That the Shadow Price of a Non-Binding "≤" Constraint

Question 23

Multiple Choice

Assume that the shadow price of a non-binding "≤" constraint is 5.This implies that:


A) if the right-hand side value of the constraint increases by 1 unit,the objective function value will increase by 5 units
B) if the right-hand side value of the constraint increases by 1 unit,the objective function value will decrease by 5 units
C) if the right-hand side value of the constraint increases by 1 unit,the objective function value will remain unchanged
D) if the right-hand side value of the constraint decreases by 1 unit,the objective function value will increase by 5 units
E) if the objective function coefficient increases by 1 unit,the shadow price will increase by 5 units

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