Question: 4 ) ( 1 5 4 ) ( 1 5 points ) ) Consider the following maximization problem: ( ( , ) ) = [

4)(154)(15 points)) Consider the following maximization problem:
((,))=[((4))()4))]((,))=[((4))()4))]subjectto(+)<=4(+)<=4and(+3)<=9.(+3)<=9.
a)(5)(5 points)) Illustrate the constrained optimization problem using a graph ((Draw indifference
curves and the constraint set))
b)(5)(5 points)) Form the Lagrangian function and state the Kuhn-Tucker conditions.
c)(5)(5 points)) Find the solution to the optimization problem.

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