Question: 1. (18pts) Optimal problem with the equality constraints Consider max f(x, y) = xy s.t. 2x+y =4. Write out the FOC and then solve it

1. (18pts) Optimal problem with the equality constraints Consider max f(x,

y) = xy s.t. 2x+y =4. Write out the FOC and then

1. (18pts) Optimal problem with the equality constraints Consider max f(x, y) = xy s.t. 2x+y =4. Write out the FOC and then solve it

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