= Shadow price
{wiki=Shadow_price}
A shadow price is an economic concept used in decision-making and resource allocation, particularly in the context of constrained optimization problems. It represents the estimated value of an additional unit of a resource or constraint in a given situation. In simpler terms, the shadow price indicates how much the objective function of an optimization problem (like profit, cost, or utility) would change if there were a marginal increase in the availability of a restricted resource.
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