Question
Hello! This is a question about optimalization and Lagrange. I've been doing some exercises on optimalization but there is something i can't figure out. Sometimes
Hello!
This is a question about optimalization and Lagrange.
I've been doing some exercises on optimalization but there is something i can't figure out.
Sometimes they present the utility function as:
u(x1,x2)=log(x1+1)+2log(x2+2)
And in the solution proposal the derivated are:
L/x1=1/(x1+1)
L/x2=1/(x2+2)
And other times they present it like:
U(x1,x2)=lnx1+lnx2
And in the solution proposal the derivated are:
L/x1=1/c1
L/x2=/c2
So the question is, is "ln" and "log" the same when it comes to deriving a lagrange function?
Because it looks to me like both of them are derivated like a "ln" function
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