Mathematics, 02.12.2021 15:40 interndon

Can we derive the demand function of X and Y in a general form using a method of Lagrange multipliers given that: Maximize U = a. lnX+(1-a).lnY. subject to I = P. X +P. Y

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Can we derive the demand function of X and Y in a general form using a method of Lagrange multiplier...

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