Suppose now that we are interested as to how the value y of the problem depends on the exogenous variables of the problem, a or b.
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Comparative Statics. Consider the same function (0.4) and constraint (0.5) as in (5). The value of the function f at the optimal solution x is given by y = f (x ). Suppose now that we are interested as to how the value y of the problem depends on the exogenous variables of the problem, […]
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