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Unformatted text preview: strictly concave and strictly convex. 2. Elasticities can be defined for any real valued function y f x according to the formula yx x y f x This is called the elasticity of y or f with respect to x . Let z Af x f x / x . Find a simple formula for calculating zx from yx ....
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This note was uploaded on 09/18/2011 for the course ECON 331 taught by Professor Heaps during the Spring '06 term at Simon Fraser.
- Spring '06