{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

econ assign

# econ assign - such that f x 1 x f x 1 f x Then give a...

This preview shows page 1. Sign up to view the full content.

ECON 331 Written Assignment 1 due in class Sept. 23 1. In ordinary arithmetic a b c a b c a . Use a Venn diagram to show however that A B C A B C A 2. Let X  x 1 , x 2 : 0 x 1 2 x 2 2 1 where U   2 . X is not a closed or an open set and neither is it a convex set. In all 3 cases, explain why. 3. The function f :    defined by f x x 3 is neither a convex or a concave function, Show this by giving an example of real numbers x and x  and another real number 0,1 such that
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: such that f x 1 x f x 1 f x Then give a second example where the opposite inequality holds. 4. Sketch one of the level curves of the function f x 1 , x 2 x 1 e x 2 where the level is negative. Then identify in your sketch the better set and the worse set of f with respect to a point on this level curve. Explain your answer...
View Full Document

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern