Mathematics for Economists Ken Danger Problem Set 13 1) Find the solution of the objective function for problems (a) - (b) below. For each problem, conrm That the optimum satises The Kuhn-Tucker conditions. At each solution, describe whether the constraint(s) is binding. a) Minimize the cost function e = 5x2 80x + y: 32}! subject to the constraints any 2 D and x + y a 20. b) Maximize the prot function it = 50:: + My subject to The constraints x, y 2 0 and x y S 3and51+2y 1120