Question: Consider a partial output from a minimization problem that has been solved to optimality. The Labor Time constraint is a resource availability constraint. If the

Consider a partial output from a minimization problem that has been

Consider a partial output from a minimization problem that has been solved to optimality. The Labor Time constraint is a resource availability constraint. If the right-handside for this constraint decreases to 800 , which of the following CANNOT be the new shadow price? I. -6 II. 0 III. -17 IV. -20 I or II I, II or III III or IV II only II, III, IV

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