Question: Please solve (A) (B) mactice Questions 1. Solve the following maximization problem s.L. sty - 8 (hint : P. = 1, P, = 1 and

Please solve (A) (B)

Please solve (A) (B) mactice Questions 1. Solve the following maximization problem

mactice Questions 1. Solve the following maximization problem s.L. sty - 8 (hint : P. = 1, P, = 1 and / - 8) (a) What is the optimality (tangency) condition? (b) What is the optimal bundle (1' , y' )

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