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Q: What is C1 convex function?
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If production set is convex then production function is concave?

correct.


Can you explain what convex function is?

The term convex function is used in mathematics. It is used to define an interval where the line segment between two points is above the graph, this can both be downward or upward.


What is c1 4?

what is c1+4


What are the Super Mario notes on xylophone?

Here is a link to Super Mario Bros. Sheet music by Koji Kondo:http://gprime.net/images/mariopianoThe above link has sheet music for:Castle ThemeMain ThemeStar ThemeUnderwater ThemeUnderworld ThemeEnding ThemeOver world Theme 2Super Mario World: Air Platform Theme


Why demand curve is convex?

Convex function on an open set has no more than one minimum. In demand it shows the elasticity is linear after some point and non linear on other points.


How can you xcapitalize letter typed in excel?

The Upper function can be used to convert text into upper case. If the text you wanted to change into all upper case was in cell C1, then in another cell you would type:=Upper(C1)That will show an uppercase version of what is in C1 in the new cell. If you then want to transfer it to C1 you have to copy it, and then use the Paste Special option, which is on the Edit menu. Having copied the new value, and gone to C1, in the Paste Special dialogue box tick the box beside Values and then click OK. C1 will now have the upper case version of what was originally in it. You could now get rid of the other formula.


Is Feasible region is necessary to be a convex set?

Yes, in optimization problems, the feasible region must be a convex set to ensure that the objective function has a unique optimal solution. This is because convex sets have certain properties that guarantee the existence of a single optimum within the feasible region.


What does left laterolisthesis of C1 mean?

What is Left laterolisthesis of c1


Why is it that If production set is convex then production function is concave?

If the production set is convex, it means that any combination of inputs that produces a certain level of output can be formed by a convex combination of other input combinations. This implies that the production function exhibits diminishing returns to scale, leading to concavity. This concavity arises because as more units of an input are added, the incremental increase in output becomes smaller.


Show that sum of two convex functions is convex.?

Consider 2 convex functions g(x) and f(x). Using property of second derivative test we have: g(x)'' > 0 and f(x)'' > 0. We are interested in showing that y(x) = g(x) + f(x) is also convex. y(x)'' = c*g(x)'' + k*f(x)'', where c and k are positive numbers (where is no convex function those coeficients after diferentiation will give you negative numbers). Because c, g(x)'', k, f(x)'' are > 0 , we get y(x)'' also >0, hence y(x) is a convex function.


Is a ploygon convex or not convex?

a polygon is convex


Difference of non convex and convex?

A non convex is a concave and a convex is differently shaped