Sales are a function of advertising in newspapers and magazines (X, Y).                                                                            S = XY2 The price of advertising in newspapers and magazines is Rs.5 and Rs.10 respectively. The total budget for advertising is Rs.105. For maximizing sales, find out the best combination of advertisements in newspapers and magazines by using the Lagrangian multiplier. (Hint: Make equation of the budget line with the help of the above information).

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Q1) Sales are a function of advertising in newspapers and magazines (X, Y).                          

                                                 S = XY2

The price of advertising in newspapers and magazines is Rs.5 and Rs.10 respectively. The total budget for advertising is Rs.105. For maximizing sales, find out the best combination of advertisements in newspapers and magazines by using the Lagrangian multiplier. (Hint: Make equation of the budget line with the help of the above information).

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