Q=L"a + G2 2L+30 Find mP, and mPa Find MRTS at' Use tangency conditien to find Lt and G* as finchens of the taiget out putt Qoi し* - Solue FOC fr the Lagrangian functzon mn :wL+r Gte LQo-しス-41/)

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter3: Demand, Supply, And The Market Process
Section: Chapter Questions
Problem 10CQ
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Could I have some help deriving the solutions? I’m confused given that it isn’t a standard cobb Douglas function
PRactice:
Q=L"a t G ta
2LT34
Find mP, and mPa
Find MRTS at
Use tangency condinien to find ct and G*
as finchens of the toaiget out put Qo
し* -
Solue FOC for the Lagrangian functron
Transcribed Image Text:PRactice: Q=L"a t G ta 2LT34 Find mP, and mPa Find MRTS at Use tangency condinien to find ct and G* as finchens of the toaiget out put Qo し* - Solue FOC for the Lagrangian functron
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