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musicgold
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Homework Statement
Please see the attached file. I am trying to understand the sensitivity of two related variables - Y and K - to an independent variable M.
a. Is my differentiation of equation 2 correct?
b. I can see that, based on eq. 4, K is more senstive to M than Y is, however I am not sure if I can quantify the difference. Would I be able to do that using the actual values of the constants - N, D, i, and G?
c. How should I describe the dependency of K on M?
Homework Equations
Equations 1 and 2 in the attached file define Y and K. Equations 3 and 4 are derivatives of eqn. 1 and 2, respectively.
The Attempt at a Solution
The attached file shows my work.
Attachments
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