Use the Technique of Constrained Optimization (Not Calculus) to Find

question 64

Essay

Use the technique of constrained optimization (not calculus) to find the absolute maximum and minimum values of the function

, for

.

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Definitions:

Labor Force

The total number of people, including both the employed and the unemployed, who are actively seeking employment.

Labor Data for Tajnia

Information and statistics about the workforce, employment trends, and unemployment rates within Tajnia.

Adults Employed

The subset of the population that is of working age, is able and willing to work, and is currently employed.

Adults Unemployed

Individuals within the working-age population who are not currently employed but are seeking employment.