Talk:Shadow price
From Wikipedia, the free encyclopedia
This article is confusing. I wanted to know what role the lagrange multiplier ('lambda') plays in the utility-maximizing rule for AP Econ, went to the lagrange wiki entry, then went down to the 'application in economics' subsection, and finally came to this page about shadow prices.
Someone please revise or append a more digestible explanation, please. --Karch 06:11, 25 October 2006 (UTC)