Given the utility function of a consumer for the goods x and y, U = (r +2)(y+1) and the prices of goods are P, = 4 TL and P, = 6 TL while the consumer's budget is B = 130TL (Note: There are 5 questions in the test regarding the information given above) Which of the following is Lagrangian function of the above problem to maximize utility? Lütfen birini seçin: O a. Z = (x+ 2)(y + 1) + A(130 – 4r 6y) O b. Z = 130 – 4x - 6y- N[(x + 2)(y + 1)] O c. Z = (r + 2)(y + 1) – X(130 – 4x - 6y) O d. Z = (x +2)(y + 1) + \(130 + 4x + 6y)
Given the utility function of a consumer for the goods x and y, U = (r +2)(y+1) and the prices of goods are P, = 4 TL and P, = 6 TL while the consumer's budget is B = 130TL (Note: There are 5 questions in the test regarding the information given above) Which of the following is Lagrangian function of the above problem to maximize utility? Lütfen birini seçin: O a. Z = (x+ 2)(y + 1) + A(130 – 4r 6y) O b. Z = 130 – 4x - 6y- N[(x + 2)(y + 1)] O c. Z = (r + 2)(y + 1) – X(130 – 4x - 6y) O d. Z = (x +2)(y + 1) + \(130 + 4x + 6y)
Chapter3: Preferences And Utility
Section: Chapter Questions
Problem 3.13P
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![Given the utility function of a consumer for the goods x and y,
U = (r +2)(y+1)
and the prices of goods are P, = 4 TL and P,
= 6 TL while the consumer's budget is B = 130TL
(Note: There are 5 questions in the test regarding the information given above)
Which of the following is Lagrangian function of the above problem to maximize utility?
Lütfen birini seçin:
O a. Z = (x+ 2)(y + 1) + A(130 – 4r 6y)
O b. Z = 130 – 4x - 6y- N[(x + 2)(y + 1)]
O c. Z = (r + 2)(y + 1) – X(130 – 4x - 6y)
O d. Z = (x +2)(y + 1) + \(130 + 4x + 6y)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe5be77db-efbe-4540-b081-3cd110d58ccf%2F12449159-40f8-4cbd-8206-4cb105a24629%2Fxm0r89_processed.png&w=3840&q=75)
Transcribed Image Text:Given the utility function of a consumer for the goods x and y,
U = (r +2)(y+1)
and the prices of goods are P, = 4 TL and P,
= 6 TL while the consumer's budget is B = 130TL
(Note: There are 5 questions in the test regarding the information given above)
Which of the following is Lagrangian function of the above problem to maximize utility?
Lütfen birini seçin:
O a. Z = (x+ 2)(y + 1) + A(130 – 4r 6y)
O b. Z = 130 – 4x - 6y- N[(x + 2)(y + 1)]
O c. Z = (r + 2)(y + 1) – X(130 – 4x - 6y)
O d. Z = (x +2)(y + 1) + \(130 + 4x + 6y)
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ISBN:
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Author:
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Publisher:
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