Show that there exists a unique solution to this problem

Assignment Help Econometrics
Reference no: EM131139006

Consider the problem of maximizing x subject to the constraint that x2 ≤ 0. Show that there exists a unique solution to this problem, but there exists no Lagrange multiplier. Show that this is because the Slater condition is not satisfied.

Reference no: EM131139006

Questions Cloud

Describe film distribution and promotion : Why should we study film? - What is the value of s tudying films?- Describe film distribution and promotion.-  How do these two aspects influence reception?
The account balances of rand equipment : Prepare an income statement and an owner's equity statement for September and a balance sheet at September 30 on the nextpage.
Which bicycle do you think is going faster and why : A second bicycle with 20-inch tires is being pedaled so that the tires are also rotating at arate of 200 revolutions per minute. Which bicycle do you think is going faster? Why
How to apply the community of the socio ecological model : An explanation of how to apply the community, society, and/or policy levels of the Socio-Ecological Model for the prevention of HIV.
Show that there exists a unique solution to this problem : Show that there exists a unique solution to this problem, but there exists no Lagrange multiplier. Show that this is because the Slater condition is not satisfied.
How dance illustrates the american experience : This assignment is a cold reading of a dance. - Write an introduction that explains your own personal experience of watching Stormy Weather explaining your expectations before watching the film.
What will be the counselor role with this client : What will be the goals of counseling and what intervention strategies are used to accomplish those goals? Is your theory designed for short- or long-term counseling? What will be the counselor's role with this client?
Risk of material of the financial statements due to fraud : Sarah Robertson, CPA, had been the auditor of Majestic Co. for several years. As she and her staff prepared for the audit for the year ended December 31, 2008, Herb Majestic told her that he needed a large bank loan to "tide him over" until sales pic..
What are the major limiting factors that affect the project : What are the major limiting factors that affect the project? Project constraints are limitations placed upon the project. Many of them are placed by individuals outside of the project. These limitations could be laws, regulations, rules, policies, pr..

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd