Any Econ students/grads remember anything about Constrained Utility Bundles?

[Orbital-Fetus]

dapped everyone in the thread simply for helping the OP out. good to see shyt like this and know this site doesn't have to be tomfoolery 24/7.

ditto.

 

[sm0ke]

I got help from the teacher.

You do the chain rule when taking the partial derivative, so dU/dc = 2[(2c^.5)+(2m^.5)] * (c^-.5)

can't distribute the 2 before taking the derivative because it's addition on the inside.

 

[VerbalIntercourse]

I got help from the teacher.

You do the chain rule when taking the partial derivative, so dU/dc = 2[(2c^.5)+(2m^.5)] * (c^-.5)

can't distribute the 2 before taking the derivative because it's addition on the inside.

oh.... that's what got you stumped? yeah.. you should revisit algebra.

(x+y)^2 is not X^2+y^2 it's x^2 +yx+y^2

 

[sm0ke]

oh.... that's what got you stumped? yeah.. you should revisit algebra.

(x+y)^2 is not X^2+y^2 it's x^2 +yx+y^2

That was one thing I wasn't sure about. I went ahead and did it, and I got the correct derivatives, but my formula for MRS was flipped upside down and that's where I couldn't go any further.

 

[Dada]

Glad I don't have to do that anymore. I got my diploma then threw them equations right in the bushes.

 

[Loose]

woulda helped if you gave the actual problem ,Maximization problems are a bytch though the word problems always gave me a few issues.

 

[Ohene]

damn...I just realized how longs its been since Ive used calculus.

partial derivatives, chain rule, trig and double integrals and shyt ....that all sophomore and freshman year
Better not need this in investment management