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Suppose the right-hand side (RHS) of the Budget constraint changes from $100,000 to $110,000? ...

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Accounting

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Suppose the right-hand side (RHS) of the Budget constraint changes from $100,000 to $110,000?

a. Does the Shadow Price change? Explain why or why not.

b. If the Shadow Price does not change, what is the change in the objective function value?

c. Do the values of the decision variables change? Explain why or why not.

Variahle rells

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