cegg The change in the optimal objective function value per unit increase in the right-hand side of a constraint is given by the

Question

3 years ago

11

cegg The change in the optimal objective function value per unit increase in the right-hand side of a constraint is given by the

Group of answer choices shadow price. objective function coefficient. None of the choices listed here. allowable increase. restrictive cost.

Business

1 answer:

lubasha [3.4K] · Answer 1 · 2022-10-17T10:50:24+03:00

Answer:

Shadow price

Explanation:

A shadow price can be understood as the hypothetical price for everything that is n't currently priced or distributed in the economy. It's commonly utilized in cost analysis to measure intangible properties, and it could also be utilized by analysts to determine the actual worth of a commodity market share or even to value spillovers.

Thus, from the above we can conclude that the correct answer is shadow price.