Simple function substitution question

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Homework Help Overview

The discussion revolves around function substitution in the context of a mathematical function B(p, y) defined as B(p, y) = py - c(y). The original poster is exploring the implications of substituting y with a function of p, specifically y = y(p), and how this affects the expression for B(p).

Discussion Character

  • Exploratory, Conceptual clarification, Assumption checking

Approaches and Questions Raised

  • The original poster attempts to clarify whether substituting y with y(p) leads to the expression B(p) = p^2 - c(p). Some participants engage with this by suggesting alternative forms of the function and questioning the implications of the substitutions.

Discussion Status

The conversation includes attempts to clarify the relationship between the functions B and V, with some participants providing insights based on their understanding of indirect functions. There is an ongoing exploration of how to express these functions in terms of p alone, but no consensus has been reached regarding the correct formulation of V.

Contextual Notes

The original problem includes constraints such as the relationship x = f(y) and the need to express functions in terms of p, which are under discussion but not resolved.

Gameowner
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Homework Statement



if I had a function such that

B(p, y) = py - c(y)

and then knowing that y=y(p), does that mean

B(p) = p^2 - c(p)?


Homework Equations





The Attempt at a Solution

 
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Hi Gameowner! :wink:

(I would prefer to write it C(p) = B(p,y(p)), but …)

yes :smile:
 
Gameowner said:
Hey, thanks for your response to my topic, but I want to ask you further since it was great help!

Originally, the question imposes that

B(p,x) = px - c(x), given a constraint that x=f(y).

If we assume a given optimal value of y (y*), then find a function V(p)...

Answer:

I asked my lecturer and he said to replace the x's with the function x = f(y*)...

so I get

B(p,y*) = py - c(y)

Then he goes on saying that V(p) is gotten realizing that y is a function of p such that y*(p).

So can I then go on and say

V(p) = p^2 - c(p) ?

I don't understand what V is supposed to be :confused:
 
tiny-tim said:
I don't understand what V is supposed to be :confused:

Opps, V(p) is suppose to be an indirect function which should be the same as B(p,x), but given the x=f(y), we can substitute in and out to get an 'indirect version of the same function' but in terms of p alone.
 

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