Hello,
This is not an exercise, but rather something I don't understand in an economics book.
k(t)=K(t)/A(t)L(t)
I don't understand this step:
I am not sure it is very readable. Can we use latex in this forum?
Thank you!
This is not an exercise, but rather something I don't understand in an economics book.
k(t)=K(t)/A(t)L(t)
I don't understand this step:
Code:
We can use the chain rule to find:
k(t)/dt= K(t)/dt x 1/(A(t)L(t)) - K(t)/(A(t)L(t))^2 x [A(t)dL(t)/dt + L(t)dA(t)/dt]
I am not sure it is very readable. Can we use latex in this forum?
Thank you!