For a linear programming problem, assume that a given resource has not been fully used. We can conclude that the shadow price associated with that constraint:

A) will have a positive value.
B) will have a negative value.
C) will have a value of zero.
D) could have a positive, negative or a value of zero. (no sign restrictions).


Answer: C

Business

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Indicate whether the statement is true or false

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A project manager has a very small role or authority in the

A) balanced matrix. B) strong matrix. C) flexible matrix. D) weak matrix.

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White Sands Heavy Equipment Co. produces industrial equipment that it sells through its national sales force. Its sales reps often must negotiate with customers to match the low prices of foreign competitors. Apparently, the firm has

A. been violating the Robinson-Patman Act. B. an "F.O.B. seller's factory" price policy. C. a flexible-price policy. D. a status quo pricing objective. E. a skimming price policy.

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The Council on Foreign Relations can assist a company in trade laws and payment issues related to global markets.

Answer the following statement true (T) or false (F)

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