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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.
trigonometric ratios of sum and difference of two angles
which ratio is largar. 1. 15:16 or 24:25
sketch the curve y=9-x2 stating the coordinates of the turning point and of the intersections with the axes.
Given two functions f(x) and g(x) which are differentiable on some interval I (1) If W (f,g) (x 0 ) ≠ 0 for some x 0 in I, so f(x) and g(x) are linearly independent on the int
1. Discuss lyapunov function theory and how it can be used to prove global assmptotic stability of solutions.(Give an example form natural and engineering sciences.) --- Draw le
what is trecnametry
how to solve imaginary number such as like (-3v-5)² ?? Can I cancel the radical sign and the power of two ? and square the -3 and times to -5 ? hope you will answer this :) thanks
A local pizza shop sells large pies for $7 each. If the cost of the order is proportional to the number of pizzas would they charge a delivery charge per pizza or per order ?
which quadrilaterals have only 1 pair of parallel sides
solve for y given that 3sin^2 y+cos y-1=0 for 0y360
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