IMA GOIN BROKE FROM THESE GIVAWAYS BUT HERES MORE POINTS
2 answers:
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Answer:
The number of CDs = 111.36
The number of movie videos = 242.72
N/B: I choose not to round up the answers.
Explanation:
The method used is the Lagrangian method. Basically, the optimization problem we are trying to solve is the utility function
subject to the constraint
.
So the optimization problem(Lagrangian) is
,
where is a constant called the Lagrange multiplier.
To find the optimal consumption, we need to maximize the Lagrangian with respect to the variables . This we do by differentiating
with respect to each variable and then equate to 0.
Equate (1) and (2), to get and substitute into (3) to get
. Substituting
into
to get the corresponding value of
.
Answer:
Note: Missing question but the full question is attached as picture below
The Cash dividends paid to common stockholders can be obtained the financing activities section of the Consolidated statement of cash flows tagged (Payments of dividends and dividends equivalents)
Cash dividend paid
Common stock issued and outstanding Cash dividends
(a) September 30, 2017 $12,769,000,000
(b) September 24, 2016 $12,150,000,000
