Using first and second order conditions findQ.1maxima/minima (if any) of the following function:Y =-x - x' +2 X34а.b. Y =8(AX)-" -y X, 8, 4,y,> 0, 0 0с.Y = aX +d.a,b,c > 0e. Find a, b, and c such that the function.Y = aX² +bX +c; given X > 0is (i) maximum, (ii) minimum.Q.2 solve the following maximization problem and find thecritical values of the underlying variables.Max :U = (X - X)(Y – Y) subject to M = P,X + P,Yа.X0.5 MМаx:U -b.subject to 100 = 2X + M;0.5Max :U = X"Y'-a subject to M + p,X = P,X+ PYс.Y \I-aMax :n = pY -WL subject to L=(1-a)|AQ.3(i) Supply (Y) function.(ii) labor demand function I(iii) Price elasticity of supply(iv) Wage elasticity of labor demandand Find

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Answered: 3 X’ - x² 4 а. 3 b. Y -8(AX)-“ -y X, 8,…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter7: Analytic Trigonometry

Section7.6: The Inverse Trigonometric Functions

Problem 93E

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3 X’ - x² 4 а. 3 b. Y -8(AX)-“ -y X, 8, A,y,> 0, 0 0