Topic 6: Tools for comparative statics Flashcards
1
Q
When can implicit differentiation be used with multivariate functions (1)
A
-Implicit differentiation can be used if c = f(x, y), c ∈ ℝ, and we want to see how y changes when x changes to keep c constant
2
Q
How can we use f(x, y) = xy and z = 5 to create an implicit function and find y’ ()
A
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