2. With that same model, what is the multiplier on +? (When I increases by I, what is the change in Y) |(= 280 +0.72 Yd I=450 16=300-0₁147 1x = 460 M=485 T = 12+0.257²

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
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7. With that same model, what
is the multiplier on +? Chen I
T
increases by I, what is the change
in Y)
|(= 280 +0.72 Yd
I= 450
300
X=460
M=485
T = 12 +0,25)
Transcribed Image Text:7. With that same model, what is the multiplier on +? Chen I T increases by I, what is the change in Y) |(= 280 +0.72 Yd I= 450 300 X=460 M=485 T = 12 +0,25)
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