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(a) Derive the Marshalian demand functions for the following utility function:
u(x1,x2,x3) = x1 + δ ln(x2) x1 ≥ 0, x2 ≥ 0
Does one need to consider the issue of "corner solutions" here?
(b) Derive the Hicksian demand functions and the expenditure function for the following utility function:
u(x1,x2,x3) =min {√x1, 2√x2, 4√x3} x1 ≥ 0, x2 ≥ 0, x3 ≥ 0
Using the expenditure function and the Hicksian demand functions that you obtained, derive the indirect utility function and the Marshalian demand function for good 1.
The general solution of the differential equation (dy/dx) +x^2 = x^2*e^(3y). Solution)(dy/dx) +x^2 = x^2*e^(3y) dy/dx=x 2 (e 3y -1) x 2 dx=dy/(e 3y -1) this is an elementar
what is the factor of the trinomial 2x2-7x-4
i don''t understand what my teacher when she talks about when she talks about cosecutive integers etc... so can u help me???
Evaluate following indefinite integrals. (a) ∫ 5t 3 -10t -6 + 4 dt (b) ∫ dy Solution (a) ∫ 5t 3 -10t -6 + 4 dt There's not whole lot to do here other than u
find the volume of a rectangular based right pyramid with its base 18 cm by 24 cm and the slanted edge 39 cm
A number of the form x + iy, where x and y are real and natural numbers and is called as a complex number. It is normally given by z. i.e. z = x + iy, x is called as the real part
how can we write the project
Q, Did you know that you can unreduce a fraction? Ans. Remember, you reduce a fraction by dividing the numerator and denominator by the same numbers. Here we divide
THE CURVE C HAS POLAR EQUATION R=[X^1/2][E^X^2/PI]. WHERE X IS GREATER THAN OR EQUAL TO 0 BUT LESS THAN OR EQUAL TO PI. THE AREA OF THE FINITE REGION BOUNDED BY C AND THE LINE X EQ
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