The Lagrangian multiplier is the __________ for a constraint in a nonlinear problem.
A)shadow price
B)payoff value
C)reducing gradient
D)reduced cost

Question

Quizplus · Accepted Answer

The Lagrangian multiplier represents the shadow price or marginal value of a constraint in a nonlinear problem. It tells us how much the objective function value would change for a small change in the constraint value. Therefore, A is the best choice as it accurately describes the role of Lagrangian multipliers in optimization problems with constraints.

The Lagrangian Multiplier Is the __________ for a Constraint in a Nonlinear