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Math of economics (a) Solve the problem minimise (x + 1)2 + (y + 1)2 subject to 3x + y = 3, x 2 0,y

Math of economics

(a) Solve the problem minimise (x + 1)2 + (y + 1)2 subject to 3x + y = 3, x 2 0,y 20. (b) Solve the problem minimise (x - 1)2 + (y - 1)2 subject to 2x + y = 2

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