Question: Every concave function is quasiconcave.

Every concave function is quasiconcave.

Step by Step Solution

★★★★★

3.45 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Assume is concave that is x 1 1 x 2 x 1 1 x 2 for ev... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

914-M-N-A-O (483).docx

120 KBs Word File

Students Have Also Explored These Related Numerical Analysis Questions!

Q:

Show that 1. Every differentiable concave function is pseudoconcave. 2. Every pseudoconcave function is quasiconcave

Q:

Suppose that a differentiable functional f on an open set S n is quasiconcave. At every regular point f(x0) 0, A restricted form of quasiconcavity is useful in optimization (see section 5.4.3). A...

Q:

f is quasiconcave if and only if -f is quasiconvex.

Q:

1. State whether the following statements are True (T) or False (F) ( a) Every quasiconcave function is concave function but every concave function is not a quasi concave function. (b) Consider an...

Q:

[Q32 60 points] Consider the following types of functions. I Increasing function I Lines: function I Homogeneous function I Concave function I Quasiconcave function I Continuous function (a) Write...

Q:

help game theory thx 4. Now assume the value of c is given by the answer of 3.2 above and moreover that ((x) is a non-negative non-decreasing concave function on the non-negative real axis. Show that...

Q:

Concavity and quasiconcavity a. Let () = for ++. Notice that x here is a single variable, ++, not a vector. Using calculus, determine for which values of the parameter the function is a concave...

Q:

Concavity and quasiconcavity a. Let () = for ++. Notice that x here is a single variable, ++, not a vector. Using calculus, determine for which values of the parameter the function is a concave...

Q:

In this exercise, we will explore some logical relationships between families of tastes that satisfy different assumptions. A: Suppose we define a strong and a weak version of convexity as follows:...

Q:

how to solve all parts of question 4 4. Concavity and quasiconcavity a. Let f(x) = x/ for x E R+ +. Notice that x here is a single variable, x E R+ +, not a vector. Using calculus, determine for...

Q:

Evergreen Ltd. purchased Machinery on 1st April, 2018, for Rs. 54,00,000 and spent Rs. 5,00,000 on import duty and Rs. 1,00,000 on its erection. On 1st October 2020 a part of the machinery which was...

Q:

Bowen Bridge Company constructs bridges for the State of Kentucky. During 2010, Bowen started work on three bridges. The cost of materials and labor for each bridge follows. The predetermined...

Q:

1. Which INT 33h function resets the mouse and gets the mouse status?

Q:

What are the macroeconomic objectives of a central bank?

Q:

Modify the program Coin Tosses to toss coin n times and print out after every 100 tosses the proportion of heads minus 1/2. Do these numbers appear to approach 0 as n increases? Modify the program...

Q:

In the early 1600s, Galileo was asked to explain the fact that, although the number of triples of integers from 1 to 6 with sum 9 is the same as the number of such triples with sum 10, when three...

Q:

The Labouchere system for roulette is played as follows. Write down a list of numbers, usually 1, 2, 3, 4. Bet the sum of the first and last, 1 + 4 = 5, on red. If you win, delete the first and last...

Q:

Assume the general inflation rate is 2% per year for the foreseeable future. What is the value of $50, 000 5 years from now. In actual dollars? In constant dollars

Q:

Dominair is a Low-Cost carrier operating a network of rol which the average sector length is 2000km. Dominair op a mix of leased \& owned aircraft, all fitted in a full econom layout. In H1 2044, it...

Q:

Q4) A stock is expected to pay a dividend of $1 per share in 2 months and in 5 months. The stock price is $40, and the risk-free rate of interest is 7% per annum with continuous compounding for all...