Ex 3.38(b) Martin Caley MCaley martin.caley@economics.treasury.gov.im

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Topic: Ex 3.38(b)
Conf: Chapter 3, Theory of the Firm, Msg: 15020
From: Martin Caley (martin.caley@economics.treasury.gov.im)
Date: 1/24/2005 11:31 AM

Ex 3.38(b) Martin Caley MCaley martin.caley@economics.treasury.gov.im I get that dC/dwk=(1+ek)xk so Shephard's lemma holds if ek=0.