How would you construct a lagrange function
Problem: How would you construct a Lagrange function in order to know the consumer utility maximization in air travel during 2020 (the first year of COVID)?
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Consider that salvage is a construction cost item (i.e., if positive, reduces construction cost and vice-versa).
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How would you construct a Lagrange function in order to know the consumer utility maximization in air travel during 2020 (the first year of COVID)?
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For an Ultrasonic Vaporizer Us Duty Rate 4.2%, valued in USD$750, transported via Air and no valid CUSMA certificate available calculate:
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