- #1
nonmathtype
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Hi everyone,
I do economics but am very poor at Math. I had a specific and perhaps silly question about the implicit function theorem, but will be grateful for an urgent response.
Suppose we have a function, U(x, y).
x and another variable z are linearly related so the function can also be specified as U(z,y) by substituting z for x.
It can be shown by using the implicit function theorem that y = f(x), and also separately that y = g(z) such that U(x,y)=0 and U(z,y)= 0 respectively.
Is it them possible to conclude that y = h(x,z) exists ?
Thank you in advance !
I do economics but am very poor at Math. I had a specific and perhaps silly question about the implicit function theorem, but will be grateful for an urgent response.
Suppose we have a function, U(x, y).
x and another variable z are linearly related so the function can also be specified as U(z,y) by substituting z for x.
It can be shown by using the implicit function theorem that y = f(x), and also separately that y = g(z) such that U(x,y)=0 and U(z,y)= 0 respectively.
Is it them possible to conclude that y = h(x,z) exists ?
Thank you in advance !