ECON 117 Spring 2008 Mathematical Economics Week 13 3. Optimization with inequality constraints 3.1The basic idea Q)→\\is convex in ( ), :yfxf=xLet xsolve min( )xfxFind the F.O.C. for xx1Q)Let xsolve: 0min( ). . xfxs txx≥Find the F.O.C. for xPage 1 of 12
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