Total production function using Lagrange Multipliers

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Homework Help Overview

The discussion revolves around the application of Lagrange multipliers in the context of a total production function problem. Participants are examining the correctness of their partial differentiation and the setup of the Lagrange multiplier equation.

Discussion Character

  • Mathematical reasoning, Assumption checking

Approaches and Questions Raised

  • Participants are attempting to verify their work related to the Lagrange multiplier method, specifically focusing on the differentiation of the function. There are questions about the coefficients and powers in the derivatives, with some participants expressing uncertainty about their calculations.

Discussion Status

The discussion is ongoing, with participants providing feedback on each other's work. Some guidance has been offered regarding specific errors in differentiation, but there is no clear consensus on the correctness of the overall approach yet.

Contextual Notes

Participants mention the expectation of "nicely fitting numbers" in problems assigned by their teacher, which may influence their confidence in the results obtained. There are also references to attachments that contain their work, which are not visible in this summary.

s3a
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Homework Statement


Attached as Question.jpg.


Homework Equations


Partial differentiation.
Lagrange multiplier equation.


The Attempt at a Solution


Attached as MyWork.jpg.

Is my work correct? I'm still not confident with myself for these problems and it would be great if someone could confirm if I did this problem correctly and also, the values (or value since I can ignore the negative because it makes no sense in the problem) I get seem rather strange and, knowing my teacher, he usually gives problems with numbers that work out well and his notes also have nicely fitting numbers.
 

Attachments

  • Question.jpg
    Question.jpg
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  • MyWork.jpg
    MyWork.jpg
    75.8 KB · Views: 523
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s3a said:

Homework Statement


Attached as Question.jpg.


Homework Equations


Partial differentiation.
Lagrange multiplier equation.


The Attempt at a Solution


Attached as MyWork.jpg.

Is my work correct? I'm still not confident with myself for these problems and it would be great if someone could confirm if I did this problem correctly and also, the values (or value since I can ignore the negative because it makes no sense in the problem) I get seem rather strange and, knowing my teacher, he usually gives problems with numbers that work out well and his notes also have nicely fitting numbers.

You made a blunder: you started with
[tex]L = 12 x^{3/4}\, y^{1/4} + \lambda (100 x + 180 y - 25200)[/tex] and wrote
[tex]\partial L/\partial y = 12 x^{3/4}\, y^{-1/4} + 180 \lambda,[/tex]
which is incorrect.

RGV
 
Actually, I don't think so. (If that sounds rude, I don't intend to.)

Looking back at my work here, I see a coefficient of 3 and not 12 for L_y.

Could you tell me if I am right or wrong about this please?
 
s3a said:
Actually, I don't think so. (If that sounds rude, I don't intend to.)

Looking back at my work here, I see a coefficient of 3 and not 12 for L_y.

Could you tell me if I am right or wrong about this please?

You are wrong. Go back and look at what you wrote in the third line of your attachment.

RGV
 
I marked it in red to show what I am talking about in case we're mis-communicating. (It seems to be the third line too.)
 

Attachments

  • MarkedUpWork.jpg
    MarkedUpWork.jpg
    71.1 KB · Views: 468
s3a said:
I marked it in red to show what I am talking about in case we're mis-communicating. (It seems to be the third line too.)

I was not referring to the "3"; I was referring to the [itex]y^{-1/4}.[/itex]

RGV
 
Yes, you have "3" correctly. However, your power of y is wrong. 1/4- 1 is not equal to -1/4.
 
Oh, yeah, oops. :shy:

Is the current attached work correct?
 

Attachments

  • MyWork.jpg
    MyWork.jpg
    76.6 KB · Views: 448

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