ECON301 Chapter Notes - Chapter 0: Edgeworth Box, Contract Curve, 4X
8 May 2015
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Lecture #1: x = 75, y = 0, x = 333. 3333, y = 222. 2222. Proportion spent on x = 1/3, proportion spent on y = 2/3: x = 35. 9, y = 2. 56, x = 68. 5714, y = 320, x = 2, y = 162, a) 3y. 7: can"t be done, see notes to guide the derivation, mrsxy = y/x, mrsxz = z/x, mrsyz = z/y, mrsyx = x/y, mrszy = y/z, mrszx = x/z, clr (q) = q3 - 193q2 + 31q. Lecture #2: derive on your own using the chain rule, x = y = 30, x = 280, y = 240, y = __m__ and x = __2m__. 3px: l = __tc__ and k = __3tc__. 4r: tc = 1. 7547 r 3/4 w 1/4 q5/4. Lecture #3: ctotal = 84mross + 24mphoebe + 60mjoey + 54mmonica +80mrachel + 63mchandler.
