A binding less than or equal to (≤) constraint in a maximization problem means
A) that all of the resource represented by the constraint is consumed in the solution.
B) it is not a constraint that the level curve contacts.
C) another constraint is limiting the solution.
D) the requirement for the constraint has been exceeded.

Question

Quizplus · Accepted Answer

A binding constraint in a maximization problem means that all of the resource represented by the constraint is consumed in the optimal solution, indicating that the constraint is active and limits the solution.

A Binding Less Than or Equal to (≤) Constraint in a Maximization