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Unformatted text preview: L = 10 and K = 5 , then ln Q = 4 : 872 and Q = exp(ln Q ) = 130 : 6 4.1.2 a) Set use the condition x = y to get: 6 z + 3 h & 4 a + 10 = 4 z & h + 6 & z = 2 a & 2 h & 2 Use the second equation to &gure out & y: & y = 4& z & h + 6 & y = 8 a & 9 h & 2 Then using the third equation we have & x = & y Hence, & z = 2 a & 2 h & 2 & y = 8 a & 9 h & 2 & x = 8 a & 9 h & 2 b) 2 & x = 8& a & y = 8& a & z = 2& a c) & x = 16 & y = 16 & z = 4 6.2.8 For x = 3 and & x = 3 ; then using the formula for the di/erence quotient found in the book on page 150, & y & x = 34 a) When & x = 1 : 5 then & y & x = 28 When & x = 0 : 5 then & y & x = 24 b) In the milit, as & x approaches zero, & y & x = 22 3...
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 Spring '08
 cramton
 Natural logarithm, CobbDouglas production function, $59, $44, continuosly compounded rate

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