Economics · Mathematical Economics
The simplex method in linear programming iteratively moves:
- 1Only through the interior points of the feasible set
- 2From one infeasible solution to another until convergence
- 3Along the indifference curves of the decision-maker
- 4From one feasible corner point to an adjacent one, improving the objective function value✓
Correct answer
From one feasible corner point to an adjacent one, improving the objective function value
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