Solved

If the Primal Objective Function Is to Maximize Profit Subject

Question 10

Multiple Choice

If the primal objective function is to maximize profit subject to input constraints, the dual objective function is to minimize:


A) total cost.
B) explicit costs.
C) the quantity of output.
D) the value of inputs employed.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents