Question: Math economics Consider the following function y = -2 + ax + 10, where a > 0 is a parameter. a) What is the optimal

Math economics

Consider the following function y = -2 + ax + 10, where a > 0 is a parameter. a) What is the optimal value of z? b) What is the optimal value of y? c) Using Envelope theorem, what is change in optimal y due to change in the parameter a? X* = y* = dy'/da =

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