Homothetic v homogeneous functions

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Homothetic v homogeneous functions

Jatin Bavishi
Which of the following is true
1. All homogeneous functions are homothetic
2. All homothetic functions are homogeneous.
3. Both 1 and 2
4. None of the above

Please explain!
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Re: Homothetic v homogeneous functions

hoouin
1)all homogeneous fuctions are homothetic

read page 54 of nicholson & snyder 10th edition or pg 56 of 11th edition