Mathematics, 01.03.2020 04:15 babyash12718
Constant Elasticity of substitution production function
q=(alpa L^p+Bk^p)^gama/p
is this homogeneous? If yes, to what degree?
is this homothetic
Answers: 3
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You were told that the amount of time lapsed between consecutive trades on the new york stock exchange followed a normal distribution with a mean of 15 seconds. you were also told that the probability that the time lapsed between two consecutive trades to fall between 16 to 17 seconds was 13%. the probability that the time lapsed between two consecutive trades would fall below 13 seconds was 7%. what is the probability that the time lapsed between two consecutive trades will be between 14 and 15 seconds?
Answers: 3
Constant Elasticity of substitution production function
q=(alpa L^p+Bk^p)^gama/p
i...
q=(alpa L^p+Bk^p)^gama/p
i...
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