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Jay’s Utility function is given by U(x,z) = 3x10.2 x20.8 and P1=$2 and P2=$4 and his...

Jay’s Utility function is given by U(x,z) = 3x10.2 x20.8 and P1=$2 and P2=$4 and his budget is $200.

Write out the Lagrange but don’t solve it, Find the utility maximizing values of x1 and x2

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o langren -44) langrangian = max 3x,0.2, 0.8 sit axi + 4 X =200 lan Gath= lay( X, XL , d) = 3x, 02 203 200-at Playa 3 (0-2) *

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