Maximize Utility function subject to budget constraint #utilityFunction #GATE #NET #Lagrange

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This is third video on Constrained Optimization. In this video I have tried to solve a Linear Utility Function With the given constraint.
The question was to maximize Utility Function with the given constraint.
The solution was like this
1. Set constraint equal to zero
2. Multiply it by 'lambda'
3. Form a Lagrange's Function
4. Partially differentiate Lagrange's Function with respect to the variables sand set them equal to zero
5. Solve for the variables to get optimum values

These videos are specially for Masters In Economics Aspirants who have difficulty in Mathematical Economics .

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Thank you very very much sir
I have cleared lagrange multiplier theorem throught this video

rahuldevmeher
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Thank you thank you so much 🙏☺️☺️☺️☺️☺️

ChandanKumar-zcmi
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Why isn't it clear

I can't even see the board

adubamiracle
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was it maximized or minimized, you didn't find second order neither you used boardered hessian

OwaisQadirECB-
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