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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

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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 (8.34 KiB) Viewed 49 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 12x+3y=108. Use the method of Lagrange to solve this problem. X® and y(Simplify your answers.) GECOM
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