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Round your answers to two digits. Consider the following function: G(E;y) = 44%e (a) Find the first-order partial derivative of G with regard to x
Round your answers to two digits. Consider the following function: G(E;y) = 44%e (a) Find the first-order partial derivative of G with regard to x and y, and evaluate them at (co, yo) = (6,3). G (2o, yo and Gy(2o, yo) (b) Find the marginal rate of substitution and express it as a. (*) By e-(3) Then the coefficient a must be equal to: the coefficient b must be equal to: the coefficient c must be equal to: the coefficient d must be equal to: In particular, at (co, y) = (6,3) the marginal rate of substitution is R.,(6,3) = () Find the elasticity of substitution between y and First express the elastictiy as a. (c. Ref + k) Round your answers to two digits. Consider the following function: G(E;y) = 44%e (a) Find the first-order partial derivative of G with regard to x and y, and evaluate them at (co, yo) = (6,3). G (2o, yo and Gy(2o, yo) (b) Find the marginal rate of substitution and express it as a. (*) By e-(3) Then the coefficient a must be equal to: the coefficient b must be equal to: the coefficient c must be equal to: the coefficient d must be equal to: In particular, at (co, y) = (6,3) the marginal rate of substitution is R.,(6,3) = () Find the elasticity of substitution between y and First express the elastictiy as a. (c. Ref + k)
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