2 If we know that T R. f : R It is a homogeneous function...

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2 If we know that T → R. f : R It is a homogeneous function of degree one and quasi-concave. Show that this result can be generalized if f( tx t" f x 0 <r < 1. %D 2 If we know that T → R. f : R It is a homogeneous function of degree one and quasi-concave. Show that this result can be generalized if f( tx t" f x 0 <r < 1. %D

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Multivariate functions that are homogeneous of some degree are often used in economic theory For a g... View the full answer