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Unformatted text preview: by a hyperplane? 8. Are the upper contour sets of a convex funciton convex? Prove it or show via example. 9. Set up a Lagrangian and solve the following constrained maximization problem for ( x & 1 ; x & 2 ) : max u ( x 1 x 2 ) = x 1 p x 2 subject to p 1 x 1 + p 2 x 2 100 10. Do you have any money remaining at the solution to #9? Explain, prove or show. 1...
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This note was uploaded on 12/05/2011 for the course ECON 100B taught by Professor Rauch during the Fall '07 term at UCSD.
- Fall '07