Write
P={x∈Rn:xj⩾0 for all 1⩽j⩽n}
and suppose that K is a non-empty, closed, convex and bounded subset of Rn with K∩IntP=∅. By taking logarithms, or otherwise, show that there is a unique x∗∈K∩P such that
j=1∏nxj⩽j=1∏nxj∗
for all x∈K∩P.
Show that ∑j=1nxj∗xj⩽n for all x∈K∩P.
Identify the point x∗ in the case that K has the property
(x1,x2,…,xn−1,xn)∈K⇒(x2,x3,…,xn,x1)∈K
and justify your answer.
Show that, given any a∈IntP, we can find a set K, as above, with x∗=a.