Question: Please explain the answer. Will upvote if answer works. Appreciate it! Q3. (Multiple Choice) (10 pts.) (Excel Solver Question) The shadow price is calculated to

Please explain the answer. Will upvote if answer works. Appreciate it!
Q3. (Multiple Choice) (10 pts.) (Excel Solver Question) The shadow price is calculated to be 3 for a less than or equal to constraint in a maximization LP problem, this means: a) if the coefficient of the objective function is increase by 3 then the right-hand side for that constraint must be increased by 1. b) if the right-hand side for that constraint is increased by three then the optimal objective function value is increase by 1 dollar c) if the right-hand side for that constraint is increased by three then the optimal objective function value is increase by 3 dollars d) if the coefficient of the objective function is increase by 1 then the right-hand side for that constraint must be increased by 3. e) All of the above is correct f) None of the above is correctStep by Step Solution
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