ECON 4410/6410 Fall 2022 Assignment #1
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ECON 4410/6410
Fall 2022
Assignment #1
1. Evaluate the following limits:
(a) limx二0
.
(b) limx二o
. Does the function converge? If so, what is the horizontal asymptote?
(c) limx二o
. Does the function converge? If so, what is the horizontal asymptote?
2. Evaluate the following derivatives: (a)
, where f (x) = 5x2 + x3 − 7x4 . (b)
, where f (x) = xln(x).
(c)
, where f (x, y) = (5x − y)α .
(d)
, where f (x, y) = x3y2 .
(e)
, where f (x, y) = x3y2 .
3. Suppose a is a function of b. Implicitly differentiate the following to derive
:
(a) (b − a)2 = a + b − 1.
(b) a3 + b3 = 4.
4. M.A . students only. Let f be a continuously differentiable function of x. Show that if f is homogeneous of degree k, its derivatives must be homogeneous of degree k − 1.
2022-12-14