_Note for mods: I already submitted a question id like to update but i cant seem to find it now_
I have been running the following sage code on cocalc.com to solve a standard utility maximization problem that is in an intermediate microeconomics course. However I'm having difficulty solving these problems in the context of SAGE.
Below is the code that I have run to solve the problem and so far I believe its correct.
x,y,l=var('x,y,l')
U=x^0.7y^0.3;U
m=2x+2y; m
solve (m==4000,y)
L=U-l(m-4000);L
dLdx=L.diff(x);dLdx
dLdy=L.diff(y);dLdy
dLdl=L.diff(l);dLdl
solve([dLdx==0,dLdy==0,dLdl==0],x,y,l)
All my code seems to be running fine, however the last line of:
solve([dLdx==0,dLdy==0,dLdl==0],x,y,l)
is not outputting the final demand equations. Is there any reason why this is happening?