1 general utility maximizationlist the oumlrst, Microeconomics

1 general utility maximizationlist the oumlrst

1. General Utility Maximization

List the Örst order conditions for the following problem:

749_General Utility Maximization.png

First ignore the implicit constraints: 8 i; xi 0 and give the FOCs. Then take them into account and give the Kuhn-Tucker Conditions. Simplify your expressions as far as you can.

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Microeconomics: 1 general utility maximizationlist the oumlrst

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