Mathematics · Linear Programming
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: In Linear Programming duality, optimal dual variables act as the shadow prices of the respective resources. Reason R: Dual variables represent the marginal economic value, indicating the exact improvement in the optimal objective function per unit increase of a resource constraint. In light of the above statements, choose the most appropriate answer from the options given below:
- 1Both A and R are correct but R is NOT the correct explanation of A
- 2Both A and R are correct and R is the correct explanation of A✓
- 3A is correct but R is not correct
- 4A is not correct but R is correct
Correct answer
Both A and R are correct and R is the correct explanation of A
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