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Assignment # 5 Eco 1590. Due April 3, 2023 ( in class) Start with the function : 3 = f( x ,y ) = x
Assignment # 5 Eco 1590. Due April 3, 2023 ( in class) Start with the function : 3 = f( x ,y ) = x + y 2 2 Define g ( t ) = f ( x . + th , gottk ) for arbitrary h and k. 1. Suppose (20, yo ) is a point where f ( x, y ) is minimized . Derive the conditions that must be satisfied for f (20, yo ) to be sucha minimum . This will involve calculating get) for flu,y ) = x ty" . Then use the first and second derivatives of gets to find the optimality conditions that let you solve for ( 2 ., 40 ) and which " allow you to confirm that The Geo,yo) is truly a minimum
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