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