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Question 1 Explain in technical details why the langrage multiplier is crucially used in analyzing the theory of the consumer [50Marks] Question 2 As a

Question 1

Explain in technical details why the langrage multiplier is crucially used in analyzing the theory of the consumer [50Marks]

Question 2

As a managerial economist show how you can apply this technique to advise your company youwork for to make sales without making loses and affecting your customers negatively

[50Marks]

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