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Use this equation to show and explain young theorem

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Reference no: EM13304512

1) The great philosopher Rogers once said that you need holding knowledge (H), folding knowledge (F), and economics knowledge (E).Therefore, overall knowledge (K) can be expressed as: 

a) Interpret this equation. (Ignore derivatives that are zero and ignore elasticity.)

b) Use this equation to show and explain Young’s Theorem.

Reference no: EM13304512

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