Find the stationary values

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Reference no: EM131406011

Exercise 10.1

1. Taking for granted that et is its own derivative, use the chain rule to find dy/dt for the following:

(a) y = 4e3t

Exercise 10.2

1. What is the instantaneous rate of growth of y in each of the following?

a) y = e0.07t  (b) y = 15e0.03t (c) = Ae0.4t (d) y = 0.03et

Exercise 10.3

1. What are the values of the following logarithms?

(a) log10 0.0001

2. Evaluate the following:

(a) loge e-4 (b) loge(1/e2) (c) lnex - elnx

Exercise 10.5

1. Find the derivatives of:

(a) y = e1 - 9t (b) y = 5e2- t2 (c) y = xex (d) y = x2e2x (e) y = axebx +c

2. Find the derivatives of:

(a) y = ln (atc) (b) y = 5 ln(t +1)2 (c) y = ln [x(1 - x)8] (d) y = ln(2x/(1+x)) (h) y = 5x4 In x2 7t

3. Find the derivatives of the following by first taking the natural log of both side

(a) y = (x2 + 3)ex2+1

Exercise 12.2

1. Use the Lagrange-multiplier method to find the stationary values of z:

(a) z = X(Y + 4), subject to x + y = 8.

(b) z = 7 - y+ x2, subject to x + y = 0.

2. Write the Lagrangian function and the first-order condition for stationary values (without solving the equations) for each of the following:

(a) z= x + 2y+ 3w + xy- yw, subject to x + y+ 2w = 10.

(b) z = x2 + 2xy+ yw2, subject to 2x + y + w2 = 24 and x + w = 8.

Verified Expert

This assignment deals with the fundamental methods of Mathematical Economics which includes Lagrangian Multiplies Method to find the stationary conditions, first order conditions etc. (Exercise 12) and the optimization by using derivatives (exercise 10). The solution of this assignment has been prepared in Microsoft office words. Also the MathType has been used to write the equations and formulae used in the solutions.

Reference no: EM131406011

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please provide solution for the following. Exercise 10.1: 3 b. Exercise 10.2: 4 a, b, c, d. Exercise 10.3: 1 b; 2 b, d, f. Exercise 10.5: 1 b, d, f, g, h; 3 b, d, f, g, h; 7 b. Exercise 12.2: 1 b, d; 2 b, d; 3 a, b.

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