ON SOME MATHEMATICAL ECONOMIC MODELS SOLVED BY THE METHOD OF LAGRANGE MULTIPLIERS
Many of the economic and technical problems can be mathematically modelled and the mathematical model leads to solving some nonlinear equations or finding of some extreme values. One of the most popular methods of solving is the so-called Lagrange’s multipliers method. This paper aims to present tw...
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| Format: | Article |
| Language: | English |
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University of Petrosani
2016-12-01
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| Series: | Annals of the University of Petrosani: Economics |
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| Online Access: | https://www.upet.ro/annals/economics/pdf/2016/part2/Mitran_1.pdf |