Midterm Format and Sample Questions Economics 5411: …
Q. 3 Describe the method of finding characteristic root with the help of examples and using them to check sign-definiteness of a quadratic form. (20) Q. 4 Given the following Cobb-Douglas production function: (20) Apply Euler’s theorem to check the degree of homogeneity of this function. Q. 5 Write a short note on the following: (20) Slutsky ... ................
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