Multiple Choice
The Lagrangian method of optimization results in a new variable, ,called the Lagrangian multiplier,which shows the addition to total utility from an additional unit of income.In other words, expresses the:
A) the budget constraint.
B) the cost of acquiring an additional util of satisfaction.
C) the marginal utility of income.
D) the optimal level of utility.
Correct Answer:

Verified
Correct Answer:
Verified
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