Find the point (x,y) that solves the following problem: 1 1 u(х, у) — — In x +-In y s.t. PxX + руҮ — т 3 1 т A. x=: 1 т v = 2 рх ру 2 т 1 т B. x= 3 рх ру 3 т C. x= 2 т px 5 ру 1 m y 3 рх m D. х 3 3 ру ||
Find the point (x,y) that solves the following problem: 1 1 u(х, у) — — In x +-In y s.t. PxX + руҮ — т 3 1 т A. x=: 1 т v = 2 рх ру 2 т 1 т B. x= 3 рх ру 3 т C. x= 2 т px 5 ру 1 m y 3 рх m D. х 3 3 ру ||
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![Find the point (x,y) that solves the following problem:
1
1
In x +–In y s.t. PxX + pyY = m
2
и(х, у) -
3
1 т
1 т
A. x =
2 рх
2 ру
2 т
1 т
B. x=
3
px
4
ру
2 т
3 т
С. х%3D
5 рx
5 ру
1 т
D. х-
2 т
y =
3 рх
3 ру](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F55406671-559d-431b-b1f6-0668e18a752e%2F32764900-df65-475c-97b9-af172a706030%2F5wfkb2b_processed.png&w=3840&q=75)
Transcribed Image Text:Find the point (x,y) that solves the following problem:
1
1
In x +–In y s.t. PxX + pyY = m
2
и(х, у) -
3
1 т
1 т
A. x =
2 рх
2 ру
2 т
1 т
B. x=
3
px
4
ру
2 т
3 т
С. х%3D
5 рx
5 ру
1 т
D. х-
2 т
y =
3 рх
3 ру
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