Hi! Could you explain about homothetic and homogeneous function in microeconomics theory? For example, how I know a function is homothetic or non-honothetic? and how I know a function is homogeneous? Please put numbers in an example, so I can understnad easily. (I couldn’t understand when my teacher used only letters and signs..)
Sometimes, we are not what we appear. We act and react in different ways in differentsituations. As Palmer describes we suppress our true self to prove that we are smarter thanwhat we actually…
