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egg
Apr 23, 2003, 12:27 AM
What is Lagrangian multiplier regarding optimization?

2006
Mar 23, 2007, 11:00 AM
What is Lagrangian multiplier regarding optimization? ???
Explain why marginal product first rises,then declines and ultimately becomes negative?

Ditsmarits
Mar 8, 2011, 10:26 AM
It is to determine your optimum bundle of goods so that you can get the most possible utility with in the budget constraint.