File Br X Drugs x Power X Drugs x For stu X Drugs x A Differe X E Google X Mid Te X Mid Te X E LMY E X Immur X Problex + a drive.google.com/drive/folders/1qrlLaHXlumdQf9-H_WFelQAK_C2ITLV- F.7 PDF Midterm 2018-2019 Sem 1 Solutions.pdf Open with . .. My Dri O E New 31 My Drive Problem 8: Consider the function f(x, y) which is a homogenous function of degree 2: NAL UNIVERSITY OF SINGAPORE Lo Computers antitative Methods for Economic Analysis f (15, 9) = 162, f(5, 3) = f(3,9) Semester 1, AY2015-2019 Midterm Examination Shared with me October 4. 2015 Which of the following must also be equal to 162? Time Allowed: 70 minutes Recent CANDIDATES (A) f(1, 3) Starred (B) f(5, 3) Trash (C) f(9, 3) PDF term 2018-2019 Sem 1 Q... (D) f(9, 27) Storage (E) None of the above NAL UNIVERSITY OF SINGAPORE 3.17 GB of 15 GB used antitative Methods for Economic Analysis Solution: D Semester 2. AV2015-2019 Midterm Examination Buy storage March 8, 2019 Time Allemand: 70 minutes Since f(x, y) is homogenous, it is also homothetic. So, if f(x1, y1) = f(X2, y2), it must be the case that f(tx1, ty1) = f(tx2, ty2). Here, (x1, y1) = (5, 3), (2, 92) = (3,9) and t = 3. Hence, f(9, 27) = 162. POF term 2018-2019 Sem 2 S.. NAL UNIVERSITY OF SINGAPORE uantitative Methods for Economic Analysis Semester 1. AY2016-2017 Midterm Examination September 27, and 9 / + Time Allowed: 75 minute Page 18