Question: The CES function is convex on n+ if p ¥ 1. ), S(x) = (x)xf + a2x a; > 0,p + 0 +

The CES function
), S(x) = (x)xf + a2x a; > 0,p + 0 +

is convex on „œn+ if p ‰¥ 1.

), S(x) = (x)xf + a2x a; > 0,p + 0 +

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