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The Lagrange Multiplier is sometimes referred to as the Shadow Price. Explain, intuitively, what the Lagrange Multiplier is and why it can be considered a
The Lagrange Multiplier is sometimes referred to as the Shadow Price. Explain, intuitively, what the Lagrange Multiplier is and why it can be considered a Shadow Price.
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International Economics
Authors: Thomas A. Pugel
15th edition
73523178, 978-0077769529, 007776952X, 978-0073523170
