Using extreme values of conditional multivariable functions in solving the problem of optimizing consumption benefits

Authors

  • Hang, Tran Thi
  • Anh Vu, Phung Thi
  • Minh Nguyet, Nguyen Thi

Keywords:

Abstract

In economics, solving optimization problems is one of the very important issues. When solving optimization problems for consumers, two issues are raised: maximizing consumption benefits and minimizing spending. In the framework of this article, the author mentions the use of the Lagrange multiplier method in the extrema problem of a constrained multivariable function to solve the problem of optimizing consumption benefits

Downloads

Download data is not yet available.

Author Biographies

  • Hang, Tran Thi

    Hanoi University of Industry

  • Anh Vu, Phung Thi

    Hanoi University of Industry

  • Minh Nguyet, Nguyen Thi

    Hanoi University of Industry

Published

2024-05-23

Issue

Section

APPLIED RESEARCH