Question: 2. Consider the function (1, 2 ) = 4060 + 3401 81 2 1012 + 2552 42 2 . a.) (3) Derive the first-order conditions

2. Consider the function (1, 2 ) = 4060 + 3401 81 2 1012 + 2552 42 2 . a.) (3) Derive the first-order conditions for a stationary point. b.) (2) Put the first-order conditions into matrix form. c.) (5) Use Cramer's Rule to find the stationary point.

2. Consider the function f (X1, X2) = 4060 + 340x1 - 8x1 - 10x1X2 + 255x2 - 4x2 . a.) (3) Derive the first-order conditions for a stationary point. b.) (2) Put the first-order conditions into matrix form. c.) (5) Use Cramer's Rule to find the stationary point

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