23. Guppse that fra,u)= T4. Find the maximumValue for fif x and y are constrainedo sum to 1. Solve thiis problems in twoways : by substitutiou and by usingthe Logrange Multiplier method.X+y=1. F.y) =ry, 4=1-x.to->%3Dtx =-2x+1.maximum value → frx=o. X=Eタニリニー1-X-4 = 0エ=f(Y,4)+A (1-g%-4) = x4ナA(1-%-4 )= y-A, = x-1,ofof1-ベ-4→ 1-2y=0. X=立,%3D=0= y=X=07 X= À%3D#2-4. The dual problem to the one described inproblem 2.3 is minimiz2e xtysubject to xy =0.25Solve thi problem using the Lagrangiantechnique. Then Compare the value You gettor the Logrange Multiplier wrth the valueyou got in Prolem 2-3. Explain the relatibushipbetween the two solutibns

Since it is evident 2-3 has been answered i will answer 2-4

#24. The dual problem to the one described in problem 2.3 is minimize X+y subject to xy =0.25 Solve thi problem using the Lagrangian technique. Then Compare the value you get tor the Logrange Multiplier uwith the value you got in Problem 2-3. Explain the relatiouship between the two solutibns

#24. The dual problem to the one described in problem 2.3 is minimize X+y subject to xy =0.25 Solve thi problem using the Lagrangian technique. Then Compare the value you get tor the Logrange Multiplier uwith the value you got in Problem 2-3. Explain the relatiouship between the two solutibns

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

100%

23. Guppse that fra,u)= T4. Find the maximum
Value for fif x and y are constrained
o sum to 1. Solve thiis problems in two
ways : by substitutiou and by using
the Logrange Multiplier method.
X+y=1. F.y) =ry, 4=1-x.
to
->
%3D
tx =-2x+1.maximum value → frx=o. X=E
タニリニー
1-X-4 = 0
エ=f(Y,4)+A (1-g%-4) = x4ナA(1-%-4 )
= y-A, = x-1,
of
of
1-ベ-4
→ 1-2y=0. X=立,
%3D
=0= y=X
=07 X= À
%3D
#2-4. The dual problem to the one described in
problem 2.3 is minimiz2e xty
subject to xy =0.25
Solve thi problem using the Lagrangian
technique. Then Compare the value You get
tor the Logrange Multiplier wrth the value
you got in Prolem 2-3. Explain the relatibuship
between the two solutibns

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Give me accurate answer otherwise i give multiple downvote and complain to bartelby Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.Answer completely and accurate answer.Rest assured, you will receive an upvote if the answer is accurate
Answer 1 st is incorrect.. don't use chat gpt please..give correct answer it's a last chance
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ê Suppie Concumer bes a utility function 4 x, (x,+2=) and facer a M. 'Derive and giet ber dem and for goed 2.