Math Problem Statement
จงตอบ
Solution
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Math Problem Analysis
Mathematical Concepts
Cost Function
Production Function
Conditional Input Demand
Lagrange Multipliers
Formulas
Production Function: y = sum(alpha_i * x_i) from i=1 to n
Cost Function: C = sum(w_i * x_i) from i=1 to n
Lagrangian: L = sum(w_i * x_i) + lambda * (y - sum(alpha_i * x_i) from i=1 to n)
Theorems
Lagrange Multiplier Method
Suitable Grade Level
Undergraduate Economics or Advanced Calculus
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