a) f(x,y) = 3x² + 2y5 (b) f(x,y) = 3a*y %3D a) f(m a) - (3r - ?u)((T2 + y?) (d) f(x, y) = x ln(1+ y²) %3D

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Chapter2: Second-order Linear Odes
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I need help solving 14.1.2 a,b,c, and d
274
FUNCTIONS OF SEVERAL VARIABLES
14.1.2 In each of the following cases, find the gradient vector and the Hessian matrix of
the function f (x,y), and evaluate them at (1, –2).
(b) f(x,y) = 3x²y³ + 2x°y?
(c) f(x, y) = (3x – 2y)/(x² + y²) (d) f(x,y) = x ln(1+ y²)
(a) f(x,y) = 3x? + 2y5
14.1.3 A monopolist sells quantities x and y respectively of products X and Y. The prices
Py charged for X and Y are given by the following functions:
Px and
Px = 25 – 2x + y,
PY = 20 + x – y.
no
Find the total revenue and the marginal revenues of X and Y.
The expressions for
mand functions; they generalise the inverse demand functions of Section 7
and are discussed further in Chapter 16. Why would this question have be
harder if you had been given the demand functions in direct rather than inve-
form?
Px
and py
in terms of quantities sold are called inverse de
1.4 Two goods 1 and 2 have demand functions
1/2-1/2
x2 = 4p;' P2
-2 1/2
¤1 = 8p, P2
where x; and P; denote respectively the quantity demanded and the pr
good i. Find the own-price elasticity of demand for each good and the two
tigitior of demand.
Transcribed Image Text:274 FUNCTIONS OF SEVERAL VARIABLES 14.1.2 In each of the following cases, find the gradient vector and the Hessian matrix of the function f (x,y), and evaluate them at (1, –2). (b) f(x,y) = 3x²y³ + 2x°y? (c) f(x, y) = (3x – 2y)/(x² + y²) (d) f(x,y) = x ln(1+ y²) (a) f(x,y) = 3x? + 2y5 14.1.3 A monopolist sells quantities x and y respectively of products X and Y. The prices Py charged for X and Y are given by the following functions: Px and Px = 25 – 2x + y, PY = 20 + x – y. no Find the total revenue and the marginal revenues of X and Y. The expressions for mand functions; they generalise the inverse demand functions of Section 7 and are discussed further in Chapter 16. Why would this question have be harder if you had been given the demand functions in direct rather than inve- form? Px and py in terms of quantities sold are called inverse de 1.4 Two goods 1 and 2 have demand functions 1/2-1/2 x2 = 4p;' P2 -2 1/2 ¤1 = 8p, P2 where x; and P; denote respectively the quantity demanded and the pr good i. Find the own-price elasticity of demand for each good and the two tigitior of demand.
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