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Hello! This is a question about optimization and Lagrange. I have a function:F(c_1,c_2) where: c 1 0 , c 2 0 I have a budget
Hello!
This is a question about optimization and Lagrange.
I have a function:F(c_1,c_2) where:c10,c20
I have a budget constraint and a constraint for maximum amount to borrow.
How can i check these cases to see if they can produce candidates for a critical point to the problem?
I was thinking maybe i could set up cases for:
c1=0,c2=0
c1>0,c2=0
c1=0,c2>0
c1>0,c2>0
Is this the correct way? Or is the cases supposed to be set up by setting the derivative for each constraint to 0 ?
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