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Management Studies

An analyst, having solved a linear programming problem, determined that he had 10 more units of resource Q than previously believed. Upon modifying his program, he observed that the optimal solution did not change, but the value of the objective function increased by $30. This means that resource's Q's shadow price was:

$1.50.

$3.00.

$6.00.

$15.00

$30.00.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91629666

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