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Week13 - ECON 117 Mathematical Economics Spring 2008 Week...

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ECON 117 Spring 2008 Mathematical Economics Week 13 3. Optimization with inequality constraints 3.1 The basic idea Q) \ \ is convex in ( ), : y f x f = x Let x solve min ( ) x f x Find the F.O.C. for x x 1 Q) Let x solve: 0 min ( ) . . x f x s t x x Find the F.O.C. for x Page 1 of 12
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