i need this in wordsnot handwrittenjust Rewrite this if thedx*этchanges then, demand will change in X->1Px + Py [1/0₂ Py² ] 1/60-1Prdx*Similarly you will get for de de de&др The Lagrangian model will be,u(x, y) = (x²+ Bypy/p2 = (x²+6²) ² + > [m- Pax-B₂Y]ƏLO² = 1/(x²+ Dyp) / P. ¹ P. X²-²¹ -> ²x = 0dxP.XP-1dy =&- @yp) - 1- ÷ (x² + y²) 4²¹ p. 3²¹ - 26=0 @P-1dLगू0÷6=m - Px x - PyY=0½/P(X² + 0 yp) / ²! p½ (x²-yropy!XP-1Ⓒyp-T1=> y*PxSimilarly, x* =Py- 3Put this value of x in Ⓡ,P-1PXP=> x =-- - -Px. [B. 0²-17/2 - +1byPyру уPx- [ OrijРуPy + O]Px [Py. 0]'/P-₁- 0Py-> Demand functionof y.mPx + Py [ + Py 71/p₁ - Demand fr ofPxx.

As asked, wil be typing the solution.

Answered: i need this in words not handwritten…

Business

Economics

i need this in words not handwritten just Rewrite this

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

i need this in words

not handwritten

just Rewrite this

if the
dx*
эт
changes then, demand will change in X->
1
Px + Py [1/0₂ Py² ] 1/60-1
Pr
dx*
Similarly you will get for de de de
&
др

The Lagrangian model will be,
u(x, y) = (x²+ Bypy/p
2 = (x²+6²) ² + > [m- Pax-B₂Y]
ƏL
O² = 1/(x²+ Dyp) / P. ¹ P. X²-²¹ -> ²x = 0
dx
P.XP-1
dy =
&
- @yp) - 1
- ÷ (x² + y²) 4²¹ p. 3²¹ - 26=0 @
P-1
dL
गू
0÷6
=
m - Px x - PyY=0
½/P(X² + 0 yp) / ²! p
½ (x²-yropy!
XP-1
Ⓒyp-T
1
=> y*
Px
Similarly, x* =
Py
- 3
Put this value of x in Ⓡ,
P-1
PXP
=> x =
-
- - -
Px. [B. 0²-17/2 - +1
by
Py
ру у
Px
- [ Orij
Ру
Py + O]
Px [Py. 0]'/P-₁
- 0
Py
-> Demand function
of y.
m
Px + Py [ + Py 71/p₁ - Demand fr of
Px
x.

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