Answer to Question #179996 in Microeconomics for Ishaq Mubarak

Question #179996

Given utility maximization problem U=Q1Q2 subject to 1OQ1 +2Q2=240

a. Derive the lagrange function

Expert's answer

"L(Q,\\lambda) =" "Q_1\\times Q_2 + \\lambda\\times (1OQ_1 +2Q_2 - 240)"

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