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Maximize the utility function (x^0.5)*(y^0.5) subject to p1*x+p2*y = 600, using LaGrange multipliers to solve for x* and y* p1 is the price of good
Maximize the utility function (x^0.5)*(y^0.5) subject to p1*x+p2*y = 600, using LaGrange multipliers to solve for x* and y*
p1 is the price of good x and p2 is the price of good y.
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