Question: Consider the following constrained maximization problem: maximize y 1 4 x 1 5 lnx 2 subjectto kx 1 x 2 1 4 0 , where

Consider the following constrained maximization problem:
maximize y 14x15lnx2 subjectto kx1x2140,
where k is a constant that can be assigned any specific value.
Showthatifk1410,thisproblemcanbesolvedasoneinvolvingonlyequalityconstraints.
Show that solving this problem for k 144 requires that x1141.
Ifthexsinthisproblemmustbenonnegative,whatistheoptimalsolutionwhenk144?
What is the solution for this problem when k 1420? What do you conclude by comparing this solution to the solution for part (a)?

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