Basic Mathematics for Economists - Rosser - Overview pptx

... e-Library, 2003. ISBN 0-2 0 3-4 226 3-5 Master e-book ISBN ISBN 0-2 0 3-4 243 9-5 (Adobe eReader Format) © 1993, 2003 Mike Rosser Basic Mathematics for Economists Economics students will welcome the new edition ... of course, am responsible for any remaining errors or omissions. © 1993, 2003 Mike Rosser Basic Mathematics for Economists Second Edition Mike Ro...

Ngày tải lên: 06/07/2014, 07:20

... 0% and 100%. Therefore c will take a value between 0 and 1 and so the second-order condition for a maximum will be met. © 1993, 2003 Mike Rosser The second-order condition for a minimum is met ... inflexion (asinFigure9.2(b))whenitsslopeiszerowehavetoconsiderwhatareknownasthesecond- order conditions. (The first-order condition for any of the three forms of stationary point is that the s...

Ngày tải lên: 06/07/2014, 07:20

... 183.75 22.03 -3 .28 13 3 144.375 26.95 4.92 14 4 203.4375 19.57 -7 .38 15 5 114.84375 30.64 11.07 16 6 247.73438 14.03 -1 6.61 17 7 48.398438 38.95 24.92 18 8 347.40234 1.57 -3 7.38 19 9 -1 01.10352 ... 4.50 12 2 115 14.25 -2 .25 13 3 92.5 15.38 1.13 14 4 103.75 14.81 -0 .56 15 5 98.125 15.09 0.28 16 6 100.9375 14.95 -0 .14 17 7 99.53125 15.02 0.07 18 8 1...

Ngày tải lên: 06/07/2014, 07:20

... mathematical form of the relationship is not actually known then a function may be written in what is called a general form. For example, a general form demand © 1993, 2003 Mike Rosser ... 1993, 2003 Mike Rosser has been entered only the calculated value appears in the cell where the formula is. However, when you put the cursor on a cell containing a formula, the full formula should ......

Ngày tải lên: 06/07/2014, 07:20

... Rosser (YoucancheckthesesolutionsarethesameasthoseinExample5.14whichhadthesame supplyanddemandfunctions.) Inamodelwithtwodependentvariables,likethissupplyanddemandmodel,oncethe reducedformequationforonedependentvariablehasbeenderivedthenthereducedform equationfortheotherdependentvariablecanbefound.Thisisdonebysubstitutingthe reducedformforthefirstvariableintooneofthefunctionsthatmakeupthemod...

Ngày tải lên: 06/07/2014, 07:20

... 24.5 -6 82 35.5 -2 97 10 3 -3 7 14 -5 98 25 -6 75 36 -2 68 11 3.5 -7 3 14.5 -6 12 25.5 -6 67 36.5 -2 38 12 4 -1 08 15 -6 25 26 -6 58 37 -2 07 13 4.5 -1 42 15.5 -6 37 26.5 -6 48 37.5 -1 75 14 5 -1 75 16 -6 48 ... -6 48 27 -6 37 38 -1 42 15 5.5 -2 07 16.5 -6 58 27.5 -6 25 38.5 -1 08 16 6 -2 38 17 -6 67...

Ngày tải lên: 06/07/2014, 07:20

... 14.14% 12% 4725.54 13 13% 2464.06 14 14% 299.94 15 15% -1 772.14 16 16% -3 757.14 17 17% -5 659.71 18 18% -7 484.20 19 19% -9 234.68 20 20% -1 0914.99 Example 7.30 A firm has to choose between projects ... investment. Example 7.39 What would you pay for an annuity that promises to pay £450 a year for the next 10 years given an interest rate of 8%? © 1993, 2003 Mike Rosse...

Ngày tải lên: 06/07/2014, 07:20