Question: Question 3 [15 marks] Consider max 3:5 + 4y subject to e + e9 = 10 (a) Write down the Lagrangian and first order conditions
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Question 3 [15 marks] Consider max 3:5 + 4y subject to e\" + e9 = 10 (a) Write down the Lagrangian and first order conditions for this problem. (b) Solve for any values of a: and y which satisfy the first order conditions. (c) Use the second order conditions to classify the points you found in part (b)
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