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Mkey [24]
3 years ago
9

1. Suppose the amount of premium leather decreases from 180 to 150 a. Does the shadow price change? Why or why not? b. If possib

le, determine the change in value of the objective function in this situation. c. Does the optimal solution change? Explain why or why not.
Business
2 answers:
kkurt [141]3 years ago
5 0

Answer:

Explanation: A. Shadow price has not changed because Shadow price show value of a commodity without considering final cost.

B. Change in value 180 - 150/180 X 100 = 16.7

C. The optimal solution didn't change because the product price went from it highest profit 180 to it's least cost 150

grin007 [14]3 years ago
3 0

Answer below in an attachment

Download docx
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A business-to-business market describes a process whereby goods or services are exchanged for the production of other goods or services.

In this market, the buying organization is not the final consumer but a producer of goods from the purchased inputs.

<h3>Question Completion with Answer Options:</h3>

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Learn more about the business-to-business market at brainly.com/question/25492268

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Elenna [48]

Answer:

These are the options for the question:

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Answer:

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