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 №  Condition free/or 0.5$
m82691Show that the cost function c(w, y) of a competitive firm (example 2.31) is concave in input prices w. buy
m82692Show that the cost function c(w, y) of a competitive firm (example 2.31) is homogeneous of degree one in input prices w. buy
m82694Show that the definition (2) can be equivalently expressed as buy
m82695Show that the derivative of a functional on ℜn can be expressed as the inner product buy
m82697Show that the eigenvectors corresponding to a particular eigen-value, together with the zero vector 0X, form a subspace of X buy
m82703Show that the function defined in the previous example is bilinear. There is an intimate relationship between bilinear functionals and matrices, paralleling the relationship between linear functions and matrices (theorem 3.1). The previous example shows that every matrix defines a bilinear functional. Conversely, every bilinear functional on finite dimensional spaces can be represented by a matrix. buy
m82704Show that the function f: ℜ3 → 3 ℜ2 defined by f(x1, x2, x3) = (x1 = x2, 0) is a linear function. Describe this mapping geometrically. buy
m82705Show that the function f defined in the preceding example is bilinear. buy
m82708Show that the function f(x) = 10x - x2 represents the total revenue function for a monopolist facing the market demand curve x = 10 - p where x is the quantity demanded and p is the market price. In this context, how should we interpret g(x) = 9 + 4x? buy
m82711Show that the gradient of a differentiable function f points in the direction of greatest increase. buy
m82712Show that the gradient of a differentiable functional on ℜn comprises the vector of its partial derivatives, that is, buy
m82715Show that the identity function IX (example 2.5) is strictly increasing. buy
m82716Show that the indirect utility function is decreasing in p. buy
m82717Show that the indirect utility function is quasi convex. buy
m82718Show that the indirect utility function v(p,m) (example 2.90) is homogeneous of degree zero in p and m. Analogous to convex functions (proposition 3.7), linearly homogeneous functions can be characterized by their epigraph. buy
m82719Show that the infinite geometric series x + βx + β2x + . . . converges provided that| β| < 1 with buy
m82721Show that the ith partial derivative of the function f: ℜn → ℜ at some point x0 corresponds to the directional derivative of f at x0 in the direction ei, where ei = (0, 0, . . . , 1, . . . , 0) is the i unit vector. That is, buy
m82722Show that the Jacobian J in (4) is nonsingular. Having determined that v is differentiable, let us now compute its derivative. To simplify the notation, we will suppress the arguments of the derivatives. Let fx denote Dx f [x0, θ0], the (partial) derivative of f with respect to x evaluated at (x0, θ0). buy
m82725Show that the metric p(x,y) = || x - y|| satisfies the properties of a metric, and hence that a normed linear space is a metric space. buy
m82727Show that the objective function in the preceding example displays increasing differences in (p, θ). buy
 
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