1. Assume your uncle recorded his salary history during a 40-year career and found that it had increased 10-fold. If inflation averaged 4% annually during the period, then over his career his purchasing power:
A) decreased.
B) increased by nearly 1% annually.
C) increased by nearly 2% annually.
D) remained on par with inflation.
2. When a constraint in a linear programming model is relaxed, the objective function value never will improve.
Please provide your answer in the rich text box.
A True
B False
3. When a constraint in a linear programming model is relaxed, the objective function value never will improve
True or False