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    Trying to tackle the question..

    State the optimum X, Y and U for U = min(2X,Y) subject to X+2Y=10

    The ratio of (2X,Y) is throwing me off completely. I'm not sure how it affects the usual method of doing this. I have provided the steps for this method below. If someone could explain how a different ratio would alter this method I would be very grateful.

    e.g. U = min(X,Y) subject to 2X+3Y=10

    1 Define a good
    Q = min (X, Y)
    PQ = Px + PY = 2 + 3 = 5

    2 BC for Q is now..
    5Q = 10

    3 Can afford..
    Q = 10/5 = 2
    Umax = 2

    Need to learn this in time for a test on wednesday. Cheers.
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    Hi there,

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