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A consumer's utility function is U=In(xy2). Find the values of x and y which maximize U subject to the budgetary constra

Posted: Sat Jul 09, 2022 2:14 pm
by answerhappygod
A Consumer S Utility Function Is U In Xy2 Find The Values Of X And Y Which Maximize U Subject To The Budgetary Constra 1
A Consumer S Utility Function Is U In Xy2 Find The Values Of X And Y Which Maximize U Subject To The Budgetary Constra 1 (6.23 KiB) Viewed 50 times
A consumer's utility function is U=In(xy2). Find the values of x and y which maximize U subject to the budgetary constraint 6x + 3y = 72. Use the method of Lagrange to solve this problem, and y(Simplify your answers.) COTE