Lagrangian: Maximizing Output from CES Production Function with Cost Constraint

Lagrangian: Maximizing Output from CES Production Function with Cost Constraint

Economics in Many Lessons

5 лет назад

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Bello Misq'uah
Bello Misq'uah - 26.07.2022 08:50

I don't understand the part where you got L=1/25k
It's like you did magic
L is supposed to be 2.5k or 5k

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AK
AK - 14.05.2023 22:36

you beautiful man

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C Mulz
C Mulz - 11.05.2023 15:31

Are we multiplying by 5 because it’s the reciprocal of 1/5?

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蒼井なつこ
蒼井なつこ - 05.05.2023 10:04

you rescued me from my math in econ exam. Thank you so much

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Arun Kumar sabar
Arun Kumar sabar - 31.03.2022 18:15

Why -2 Raised?sir

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Kitty Khan
Kitty Khan - 31.10.2021 19:04

CES stands for

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Lobo Watz
Lobo Watz - 19.10.2021 22:34

If the firm chose 50 L and 250 K, wouldn't the output be bigger at same costs (1'000)?

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Mambo Jackson
Mambo Jackson - 13.07.2021 05:52

You really helped me I was stuck
Thankyou

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sarah akinrotimi
sarah akinrotimi - 19.06.2021 16:46

how did you get -2 that you raise/ multiplied

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Lyttiegra Bamak15
Lyttiegra Bamak15 - 26.05.2021 12:35

How did you get the -2 which raise to the power of both sides?

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Vanshita Verma
Vanshita Verma - 08.12.2020 09:17

Both output maximization and cost minimization leads to same input combination?

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Justry_ Right
Justry_ Right - 30.11.2020 07:30

What does the lambda mean tho? I dont really get it. Please help me explain..

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Cristian Gasca
Cristian Gasca - 14.11.2019 06:44

Thank you, greeting from Colombia.

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