1
Q
Shadow Prices
A
how much the objective function would increase if
one more unit of a limited resource were available.
2
Q
Reduced Costs
A
how much the objective function would decrease if
the manager chose to produce one unit of an enterprise that was not selected.
AGEC 325
flashcards
Decks in class (14)
# Cards
-
Chapter 1 - Farm Management Now and in the Future13
-
Chapter 2 - Management and Decision Making7
-
Chapter 3 - Acquiring and Organizing Management Information26
-
Chapter 4 - The Balance Sheet and Its Analysis28
-
Quiz 110
-
Chapter 5 - The Income Statement and it Analysis30
-
Quiz Exam 310
-
Chapter 712
-
FINAL QUIZ10
-
Chapter 9 - Dec. Making13
-
Chapter 11 - LP2
-
Chapter 12 - Partial Budgeting4
-
Chapter 1411
-
Chapter 152
