Shadow price refers to
A. Change in the value of the constraint per unit change in the objective function.
B. Change in the value of objective function per unit change in any one of the constraints.
C. The change in the value of the primal solution per unit change in the dual solution.
D. All the above.
Answer:B
Shadow price refers to
A. Change in the value of the constraint per unit change in the objective function. B. Change in the value of objective function per unit change in any one of the constraints. C. The change in the value of the primal solution per unit change in the dual solution. D. All the above.