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

  • Hang, Tran Thi
  • Anh Vu, Phung Thi
  • Minh Nguyet, Nguyen Thi
Keywords: Extreme value, multi-variable function extreme value with constraints, optimizing consump-tion benefits, optimization problem

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

Tác giả

Hang, Tran Thi

Hanoi University of Industry

Anh Vu, Phung Thi

Hanoi University of Industry

Minh Nguyet, Nguyen Thi

Hanoi University of Industry

điểm /   đánh giá
Published
2024-05-24
Section
APPLIED RESEARCH