Thu 16 Feb, 2017 06:42 am - Consider the following functin: z=f(x,y) = 5x^2 -8x-2xy-6y+4y^2+27
Use first order differentiation to find the values of x and y that optimize the function. What is the value of z at optimum? (view)
Mon 13 Feb, 2017 10:57 am - Find the values for x,y and z that simultaneously satisfy the following equations:
i) y=6x+5z
ii) y-4x=9z
iii) y-3x-8z=0 (view)
Tue 20 Sep, 2016 06:43 am - Use the following function below: y=f(x)=x^2-2
a) At what levels of x is y zero?
b) Find the minimum or maximum point for the function using derivation.
Anyone? :-) (view)
Thu 8 Sep, 2016 03:59 am - I desperately need some help in understanding this.. Anyone? :-)
1. Suppose that U(C,L)=CL
a. Write out the optimal labor supply function in terms of wages and non-labor income. (Hint: We... (view)