A function f: R+ R is homogeneous of degree a if and only if it is

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A function f: R+ → R is homogeneous of degree a if and only if it is (a multiple of) a power function, that is,
f(x) = Axa for some A ∈ ℜ

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Foundations of Mathematical Economics

ISBN: 978-0262531924

1st edition

Authors: Michael Carter

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Question Posted: May 02, 2016 11:42 AM

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A function f: R+ R is homogeneous of degree a if and only if it is

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Clearly his homogeneous of degree Con...View the full answer

Foundations of Mathematical Economics

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