Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PROBLEM 2. 25% PARTIAL DIFFERENTIAL LAGRANGE OPTIMIZATION In the era of the Covid 19 pandemic, we are required to consume lots of fresh fruits. The
PROBLEM 2. 25% PARTIAL DIFFERENTIAL LAGRANGE OPTIMIZATION
In the era of the Covid 19 pandemic, we are required to consume lots of fresh fruits. The satisfaction of a consumer in consuming two kinds of fruit, namely Apples (X) and Oranges (Y) is: U = X3 Y2
income or budget to buy the two fruits is Rp. 250,000, the price of apples
IDR 75,000/fruit and the price of oranges is IDR 25,000/fruit.
a. How many apples and oranges must be obtained in order to achieve optimum satisfaction b. Calculate the optimum satisfaction value that can be achieved
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started