What's the minimum or maximum of U?
Differentiating I get:
So, is it correct to say that both the partial differentials are constant, therefore there is no minimum or maximum?
-Scott

Hello, Scott!
We're expected to equate the partial derivaitves to zero, and solve.
What's the minimum or maximum of?
. .
. .
Since I could see thatcan increase without bound,
. . I suspected that we had found a minimum value.
Then I tried the Second Partials Test . . .
. . . .
. . . . negative
Therefore: ..is a saddle point.
. . The function has neither a maximum nor a minimum.