Consider a partial output from a cost minimization problem that has been solved to optimality. Name Labor Time Final Val

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Consider A Partial Output From A Cost Minimization Problem That Has Been Solved To Optimality Name Labor Time Final Val 1 (83.52 KiB) Viewed 35 times

Consider a partial output from a cost minimization problem that has been solved to optimality. Name Labor Time Final Value 700 Shadow Price -6 O It will become zero. It will become zero or less negative. Constraint Allowable Allowable R.H. Side Increase Decrease 700 The Labor Time constraint is a resource availability constraint. What will happen to the dual value (shadow price) if the right-hand-side for this constraint decreases to 400? O It will become a more negative number, such as -8. O It will remain at -6. 100 O It will become a less negative number, such as -4. 200