Question
(a)Determine the range for coefficient of x1 for which point A will remain optimal. Show your work, no marks will be given for simply writing
(a)Determine the range for coefficient of x1 for which point A will remain optimal. Show your work, no marks will be given for simply writing down the range.
(b) Determine the range for coefficient of x1 for which point C will remain optimal. Show your work, no marks will be given for simply writing down the range.
(c) Determine the range for coefficient of x2 for which point B will be optimal.
J Maximize 2 = 2X + 3x s. t. X 100 50 10x +5% = 600 10x + 5x 600 6x, +20x $.600 8x, +10 X 600 (1) 8X, +10x=600 (2) 6x,+20% 100 (2) (3) -X M
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Microeconomics An Intuitive Approach with Calculus
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