Prove corollary 5.1. If x* is a local maximum of f in Rn+, then it is necessary

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Prove corollary 5.1.
If x* is a local maximum of f in Rn+, then it is necessary that x* satisfy

which means that for every i,

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Foundations of Mathematical Economics

ISBN: 978-0262531924

1st edition

Authors: Michael Carter

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Question Posted: May 02, 2016 11:54 AM

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Prove corollary 5.1. If x* is a local maximum of f in Rn+, then it is necessary

Question:

Vf(x*) 0, x"20. Vf(x)k'=0

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We apply the reasoning of Example 55 to e...View the full answer

Foundations of Mathematical Economics

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