Multiple Choice
The shadow price of a nonbinding constraint is:
A) negative in value
B) zero.
C) a value between zero and one.
D) proportionate to the amount of profit
E) equal to the profit per unit of the decision variable concerned.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q35: The manager of an appliance store wishes
Q36: A firm produces shampoo (S) and conditioner
Q37: Why are computer solutions necessary to solve
Q38: A new product should be introduced if
Q39: If the shadow price of a given
Q41: A beverage producer produces cola at
Q42: In an LP problem, the feasible region
Q43: Determine the feasible region and the
Q44: The optimal combination of decision variables of
Q45: A producer of two types of fine