Search found 4 matches

by masaky
Thu Oct 20, 2016 4:13 am
Forum: General Mathematics
Topic: Subadditivity
Replies: 6
Views: 5851

Re: Subadditivity

Yes I understand what do to. But I have serious problems with seperating the cost function.
But there is no necessity of deriving those?
by masaky
Wed Oct 19, 2016 4:04 pm
Forum: General Mathematics
Topic: Subadditivity
Replies: 6
Views: 5851

Re: Subadditivity

\[C(x,y)=\begin{cases} 100+qx^{0.5}+qy^{0.5}+qx+qy\,, & qx>0,qy>0\\ 0\,, & qx=qy=0 \end{cases}\] Which one is the right function? This one is the right one. With ^0.5. I had first problems with visualizing the formulae. So it should be first derived, right? 0.5 qx^0.5 + 0.5 qy^0.5 = ? But t...
by masaky
Wed Oct 19, 2016 3:49 am
Forum: General Mathematics
Topic: Subadditivity
Replies: 6
Views: 5851

Re: Subadditivity

To be the function \[C(x,y)=\begin{cases} 100+1.5\,qx+1.5\,qy\,, & qx>0,qy>0\\ 0\,, & qx=qy=0 \end{cases}\] subadditive it should be: \begin{align*} C\big((qx_1,qy_1)+(qx_2,qy_2)\big)\leqslant C(qx_1,qy_1)+C(qx_2,qy_2) \end{align*} for all $(qx_1,qy_1),(qx_2,qy_2)\in X\times Y$. But to proc...
by masaky
Tue Oct 18, 2016 9:40 pm
Forum: General Mathematics
Topic: Subadditivity
Replies: 6
Views: 5851

Subadditivity

Suppose the joint production of goods $X$ and $Y$ is described by the following cost function: $C(qx,qy) = 0$ if $qx,qy = 0$ and $100 + qx0.5 + qy0.5 + (qx + qy)$ if $qx,qy > 0$ Over what values of $qx$ and $qy$, if any, will $C(qx,qy)$ be subadditive? Can somebody help me how I can solve this quest...