I am very new to optimization andI have to solve
Mohammad Cannon
Answered question
2022-06-25
max U(k)=tlog(1+ yhpg/(pg+s))+mpge^(-ky)) st k>0
can anyybody give me idea where should I start
Answer & Explanation
laure6237ma
Beginner2022-06-26Added 27 answers
If , it is a decreasing function.
If , it is an increasing function.
In either case, the maximum might not exist.
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