Utility Maximization. optimal bundle from the given utility function & budget constraint #lse #MIT

If the utility function is u = f(q_{1}, q_{2}) = e ^ (q_{2}*q_{2}) prices of q and are respectively 2 and 10 and income is 20 units. The optimum commodity purchases of the consumer will be

(A) q_{1} = 5 q_{2} = 10

(B) q_{1} = 5 , q_{2} = 1

(C) q_{1} = 1 , q_{2} = 2

(D) q_{1} = 2 , q_{2} = 2
#MathematicalEconomics
#IITJAM #NetEconomics #GateEconomics

#Microeconomics

#Integration in ECONOMICS

Algebra in Economics
#MatrixAlgebra in Economics

#GRAPHING_IN_ECONOMICS

#Choice under uncertainty
#GAMETHEORY

#ComparativeStaticsInEconomics

#GATEECONOMICS

#INPUT_OUTPUT_MODEL

#IS-LM_MODEL

You can Join
On Facebook
Facebook page
On Telegram
#neteconomics #gateeconomics #dsu #econmath #importantquestionsineconomics #jnu #ies #economicsonyourtips
#MathematicalEconomics
#JAMECONOMICS
#ImportantQuestionsInEconomics
#MAEntranceEconomics
#QuantitativeEconomics
#EconMath
#NETEconomics
#KU
#MathematicalEconomics
#EconMath
#GATEEconomics
#NETEconomics
#DSU