technology generated by a production function f(x) = x2 . The production set is Y = {(y‚ −x) : y ≤ x2 } which is certainly not convex‚ but the input re√ quirement set is V (y) = {x : x ≥ y} which is a convex set. 1.2 It doesn’t change. 1.3 1 = a and 2 = b. 1.4 Let y(t) = f(tx). Then dy = dt so that 1 dy 1 = y dt f(x) 1.5 Substitute txi for i = 1‚ 2 to get f(tx1 ‚ tx2 ) = [(tx1 )ρ + (tx2 )ρ ] ρ = t[xρ + xρ ] ρ = tf(x1 ‚ x2 ). 1 2 This implies that the CES function exhibits constant returns to
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Functions of mass media Almost everyone gets his or her information about world‚ national‚ and local affairs from the mass media. This fact gives both print and electronic media important functions that include influencing public opinion‚ determining the political agenda‚ providing a link between the government and the people‚ affecting socialization‚ Entertainment‚ Educating the masses‚ and Mobilization as well. *Public opinion: The mass media not only report the results of public opinion surveys
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of the equation. Be sure to show all of your work. Describe how you would graph this line using the slope-intercept method. Be sure to write in complete sentences. Write the equation in function notation. Explain what the graph of the function represents. Be sure to use complete sentences. Graph the function using one of the following two options below. On the graph‚ make sure to label the intercepts. You may graph your equation by hand on a piece of paper and scan your work. You may graph your
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PROBLEM 1 Max has the utility function U(x‚ y) = x(y + 1). The price of x is $2 and the price of y is $1. Income is $10. How much x does Max demand? How much y? If his income doubles and prices stay unchanged‚ will Max’s demand for both goods double? To set his MRS equal to the price ratio‚ Max sets (y+1)/x = 2. His budget constraint is 2x + y = 10. Solve these two equations to find that x=11/4 and y=9/2. If his income doubles and prices stay unchanged‚ his demand for both goods does not double
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Structure‚ Function and Therapeutic Applications Ling Bai and Wei-Guo Zhu1 Department of Biochemistry and Molecular Biology‚ Peking University Health Science Center‚ Beijing‚ China [L. Bai‚ W.-G. Zhu]; Department of Biotechnology‚ Guilin Medical College‚ Guilin‚ China [L. Bai] Since the p53 tumor suppressor gene has been found to be mutated in more than 50% of human cancers‚ it has attracted the interest of numerous researchers. The capacity of p53 for multiple biological functions can be attributed
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Police Department Roles and Functions Sharesa Gulley University of Phoenix CJA/214 - Introduction to Police Theory and Practices Evan Cohen January 21‚ 2013 Police Department Roles and Functions Every policing department or agency has a set of organizational goals and values that provide officers with a sense of direction and purpose. Even though these various departments may have different functions‚ policing agencies have similar roles. The roles of police include: The prevention
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Even & Odd Functions 2 Algebraic Definition 2 Graphic Definition 4 Combining Even & Odd Functions 6 Multiplication 6 Addition 7 Integrals of Even & Odd Functions 7 Fourier Series: Even & Odd Functions 9 Arbitrary Period (2L) 9 Case of Period 2π 10 References 14 Algebraic Definitions 1) Even Function: 2) Odd Function: Algebraically You may be asked to "determine algebraically" whether a function is even or odd. To do this‚ you take the function and plug
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over language and the right hemisphere has exclusive control over emotion and creativity” (Pinel‚ 2009‚ p. 411). However‚ research indicates language functions have substantial activity in the left and right hemispheres of the brain (Pinel‚ 2009). Cerebral lateralization research has several methods help gain better understanding of the functions of the brain. The sodium amytal test is one method used in cerebral lateralization research. With this test researchers can access language abilities
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statutory form in 1992 with SEBI Act 1992 Functions and Responsibilities SEBI has to be responsive to the needs of three groups‚which constitute the market: the issuers of securities the investors the market intermediaries. SEBI has three functions rolled into one body quasi-legislative‚ quasi-judicial and quasi-executive. It drafts regulations in its legislative capacity‚ it conducts investigation and enforcement action in its executive function and it passes rulings and orders in its judicial
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Solution Organizing function of management in my organization STEP 1 Human Resources: The human resources are organized in a systematic manner. The objective of my company is to ensure that there is a focus on division of labor‚ coordination and control of tasks and an exchange of information within the organization. In addition‚ the distribution of accountability and authority to job holders in my company. How are these functions carried out? 1. My organization is involved in selling
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