For a maximization problem, the shadow price measures the ________ in the value of the optimal solution, per unit increase for a given ________.
A) decrease, resource
B) increase, parameter
C) improvement, resource
D) decrease, parameter

Question

Quizplus · Accepted Answer

The shadow price measures the improvement in the value of the optimal solution per unit increase for a given resource. Therefore, the correct choice is C.

For a Maximization Problem, the Shadow Price Measures the ________