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Just some economic exercises. Please, Note that in question 4 part (a) There are some mistakes. Just to clarify, a homothetic function is a monotonic transformation of a homogeneous function, therefore, the function itself might not be homogeneous, but it can be homothetic anyway. I will put the right answer as soon as possible :o)
Just some economic exercises. Please, Note that in question 4 part (a) There are some mistakes. Just to clarify, a homothetic function is a monotonic transformation of a homogeneous function, therefore, the function itself might not be homogeneous, but it can be homothetic anyway. I will put the right answer as soon as possible :o)
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Just some economic exercises. Please, Note that in question 4 part (a) There are some mistakes. Just to clarify, a homothetic function is a monotonic transformation of a homogeneous function, therefore, the function itself might not be homogeneous, but it can be homothetic anyway. I will put the right answer as soon as possible :o)
Hak Cipta:
Attribution Non-Commercial (BY-NC)
Format Tersedia
Unduh sebagai PDF, TXT atau baca online dari Scribd