Find the values of x1 and x2 where the following two constraints intersect. (Round your answers to 3 decimal places.)   (1) 10x1 + 5x2 ≥ 50 (2) 1x1 + 2x2 ≥ 12

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.6P
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Find the values of x1 and x2 where the following two constraints intersect. (Round your answers to 3 decimal places.)

 

  1. (1) 10x1 + 5x2 ≥ 50

  2. (2) 1x1 + 2x2 ≥ 12

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