Find the optimal x y lambda for max uxy kxayb st pxxpyy m


Find the optimal (x, y, λ) for max u(x,y)= kx^ay^b s.t. PxX+PyY = m, in terms of the parameters of the model. Prove that the optimal (x,y, λ) is indeed a maximum. Comment

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Business Economics: Find the optimal x y lambda for max uxy kxayb st pxxpyy m
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