C(c1, C2, $1, A1, A2) = u(c1) + u(c2)+ A1 [Y – P;C1 – s1] + A2 [(1+r)s1 – P,c2] . Take the first order-derivative of the Lagrangean function with respect to c1, c2, 81, d1 and A2. Set each of them equal to zero in order provide the equations that can be used to identify the Lagrangean functions "critical points".
C(c1, C2, $1, A1, A2) = u(c1) + u(c2)+ A1 [Y – P;C1 – s1] + A2 [(1+r)s1 – P,c2] . Take the first order-derivative of the Lagrangean function with respect to c1, c2, 81, d1 and A2. Set each of them equal to zero in order provide the equations that can be used to identify the Lagrangean functions "critical points".
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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