20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>

shadow price

This topic has 1 reply, 2 voices, and was last updated 11 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 27, 2013 at 11:59 am #127326
namratajain2012
Member
- Topics: 23
- Replies: 17
in kaplan revision kit Q.18 Cut and Stitch-part c. since the shadow price is less than the offered price. therefore the offer is unacceptable ?
May 27, 2013 at 5:05 pm #127364
John Moffat
Keymaster
- Topics: 57
- Replies: 54513
The shadow price is the most EXTRA that you would be prepared to pay for one extra unit of the limited resource.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.