Unformatted text preview: ? ( x ) Substituting (3.79) e ? x = ? x which is equivalent to the condition ? e = e ? 3.267 By construction, 0. If = 0, ? ? ? = implies that ? = 0 for all and consequently ? ? ( ) ( ) is trivially satised. On the other hand, if &gt; 0, we can divide both conditions by .) 201...
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- Fall '10
- Macroeconomics, All rights reserved, Michael Carter, ∈B, Foundations of Mathematical Economics, player ????