Question: Question 1 1 A shadow price ( or dual value ) reflects which of the following in a maximization problem? the market price that mats
Question
A shadow price or dual value reflects which of the following in a maximization
problem?
the market price that mats be paid to obtain additional resources
the increase in profit that would accompany one added unit of a scarce resource
the marginal gain in the objective realized by subtracting one unit of a resource
the reduction in cost that would accompany a one unit decrease in the resource
the profit contribution necessary for that item to be included in the optimal
solution
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