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Dse past year doubts

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Dse past year doubts

SoniaKapoor
413 posts
if income effect is zero ,the hicksian dd curve will be
a greater than
b less than
c equal to
d unrelated to
the marshalian dd curve

q2 derivative of fn f=(x^n)^x^n is
a x^x(1+ ln x)
b (x^n)^x^n (1+nlnx)
c (x^n)^x^n. nx^n-1(1+ln x)
d none
MA Economics
DSE
2014-16
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Re: Dse past year doubts

Akshay Jain
584 posts
In case of zero income effect hicksian dmnd ia equal to marshallian demand
the logic is dis
price effect=income effect + substitution effect
and hicks demand takes into a/c only the substitution effect and marshalluan demand takes price effect into a/c....so in case of zero income effect both demands are equal
Akshay Jain
Masters in Economics
Delhi School of Economics
2013-15
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Re: Dse past year doubts

Arushi :))
305 posts
Its c for the second one
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Re: Dse past year doubts

phelps.phan
105 posts
In reply to this post by SoniaKapoor
hi Sonia I'm getting the second one answer as (x^n)^x^n. nx^n-1(1+nln x) . Are u sure option c is correct. thanks.
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Re: Dse past year doubts

Granpa Simpson
426 posts
Even i am getting the same answer that you got..!!!
 "I don't ride side-saddle. I'm as straight as a submarine"
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Re: Dse past year doubts

bhavya jain
154 posts
i think Sonia by mistake omitted 'n' in the c) option. I am also getting the same ans.