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Problem Set 4 Due Nov 7 in class 1 Find ALL the stationary points for each function i f x x3 12x ii f x y x2 2xy y3 y it is local maximum or minimum point i f x x3 3x ii f x1 x2 x2 1 x3 2 2x1x2 3 Solve the maximization problem max x1 x2 x2 1 x2 3x2 2 s t x1 2x2 5 2 Find ALL the local extremum points for each function and specify whether 1


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UMD ECON 300 - Problem Set 4

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