Consider the previous question, and suppose that g = $8, x = $22.50, and d = 0.6.
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Consider the previous question, and suppose that g = $8, x = $22.50, and d = 0.6. Show that the function will still reach its maximum at T = 1.
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Related Book For
The Economics Of Microfinance
ISBN: 978-0262513982
2nd Edition
Authors: Beatriz Armendariz ,jonathan Morduch
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