View the step-by-step solution to:

Let / : R - R be a continuously differentiable function. If x* is a solution to max,zo / (x). then f (at) = 0.

1) Those are two related practice questions please give me an answer for them so I can get a good idea of what I have to do with similar questions.


Q1-1_g.jpg

Q1-1__1.jpg

Q1-1.jpg

Q1-1__1.jpg

1. Let / : R - R be a continuously differentiable function. If x* is a solution to
max,zo / (x). then f (at) = 0.

Q1-1_g.jpg

Question ]
For each of the following . explain It the statement is true or false . It false , then provide a
counter- example. If true , then briefly Explain.

Q1-1.jpg

Q1 -1 : FOC
Consider a ditterentlable one—variable function fix) defined on [0,1], and let 3’ be a global maXImiser. 1, Suppose some claims “The first-order condition Is 3" (2’) = 0, " What is wrong with this statement? 2. Can you write down the set of global maximiser argmax formally? 3, Suppose that h be a weakly increastng function from R a R If some one claims that argmax fix} = argmmch(f(a:)) how do you respond? It this statement is incorrect, provide a correct
statement, 39,, no—relationship in general; one include the other; intersection is non—empty, yet no set—inclusion In general etc,

Top Answer

The way to approach this... View the full answer

IMG_20190502_215638.jpg

\Date
The condition for * * to be
Global manimiser that $ ' ( x* ) = 0
is wrong .
This is only true when * * 6 ( 0 , 1)
But Global menima can also be
achieved at end points . It that
points
not be...

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online