Re: DSE DOUBT

Posted by onionknight on Jun 08, 2015; 3:03pm
URL: http://discussion-forum.276.s1.nabble.com/DSE-DOUBT-tp7597512p7597515.html

26. Maximize x^1/5*y^4/5 subject to 50(x-5)+10(y)=750 or 5x+y=100 [x>=5] . This is a simple cobb douglas maximization problem the solution to which is x=4 y=80. But, x must be greater than equal to 5 and hence x=5 y=75.

27. Maximize x^1/5*y^4/5 subject to 50(x)+10(y-x)=1000 or 4x+y=100. This is a simple cobb douglas maximization problem the solution to which is x=5 y=80.