- #1
musicgold
- 304
- 19
Hi,
Please see the attached file.
I am trying to figure out K’s sensitivity to x and y. I wish to know which variable K is more sensitive to. Both x and y are positive decimals less than 1.
I want to be able to say a 1% increase in y results in a p% change in K. As the attached file shows, the derivatives are not helping me much here.
How should I go about this problem?
See the attached file.
See the attached file.
Please see the attached file.
Homework Statement
I am trying to figure out K’s sensitivity to x and y. I wish to know which variable K is more sensitive to. Both x and y are positive decimals less than 1.
I want to be able to say a 1% increase in y results in a p% change in K. As the attached file shows, the derivatives are not helping me much here.
How should I go about this problem?
Homework Equations
See the attached file.
The Attempt at a Solution
See the attached file.