Consider the Following Objective Function and Constraint: C(x) = 2x12

question 47

Multiple Choice

Consider the following objective function and constraint: C(x) = 2x12 - 15x + 3x23 - 9x2 + 30, such that x1 = 3x2. Which of the following is the correct Lagrangian function?

• A) L = 2x₁² - 15x + 3x₂3 - 9x₂ + 30 - ? (3x₂ - x1)
• B) L = 2x₁² - 15x + 3x₂3 - 9x₂ + 30 - ? (x₂ - 3x1)
• C) L = 2x₁² - 15x + 3x₂3 - 9x₂ + 30 - ? (3x₁ - x2)
• D) L = 2x₁² - 15x + 3x₂3 - 9x₂ + 30 - ? (3x₂ - 3x₁)

Recognize the role of tariffs, quotas, and dumping in international trade policies.

Comprehend the mechanisms of international trade agreements and their impact on global commerce.

Identify the sources and purposes of financial support for international development projects.

Calculate the pre-tax cost of debt.

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Definitions:

Sales Journal

A specialized accounting journal used to record all sales made by a business on credit.

Sales Journal

A specialized accounting journal used to record all sales of merchandise on credit.

Cash Sales

Cash sales are transactions where payment is made immediately in cash or through electronic means at the time of purchase, without extending credit.

Credit Sales

Sales made by a business where payment is delayed, as opposed to cash sales where payment is immediate.