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Utility Functions and Optimization
Questions (2)
Let T = 24 be total available hours(note that T=24, not T=12),L be hours of leisure, and n be hours of work. Let w >0 be the
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Suppose 15 peaches and 20 oranges need to be divided between fred and ethel. Fred's utility function is U=Max(#of peaches, #of
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jon
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Parent Categories (2)
Algebra
Equations and functions