max 7 ln(wl+ (1 − q)x) + (1 −7) ln(w - qx). 120 Solving this problem and checking the SOC leads to x= w(n-q)+ql(1-n) if w(q) + ql(1-π) ≥ 0, q(1-q) otherwise. 0
max 7 ln(wl+ (1 − q)x) + (1 −7) ln(w - qx). 120 Solving this problem and checking the SOC leads to x= w(n-q)+ql(1-n) if w(q) + ql(1-π) ≥ 0, q(1-q) otherwise. 0
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section: Chapter Questions
Problem 5T
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please only do: if you can teach explain steps of how to solve for x
please teach explain step by step,
also other part why >=0 <0
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