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Homework Statement
I have two questions. First:
What is the derivative of u(w)=k-e^(-aw)
Second:
For U(w)=sqrt(w), prove that U(pie(x)+(1-pie)y) > pie*U(x)+(1-pie)U(y)
Homework Equations
The Attempt at a Solution
For the first one, I haven't seen this type of problem in so long that I just don't remember how to take a derivative in this form. Would it be:
u'(w)= -(-aw)e^(-aw-1)*-a
=(aw)e^(a^2w+a)?
I wasn't sure if the chain rule was appropriate here.
For the second question, I have:
sqrt(pie(x)+(1-pie)y) > pie*sqrt(x)+(1-pie)sqrt(y) so...
(pie(x)+(1-pie)y)^(1/2) > pie*(x)^1/2+(1-pie)(y)^1/2
From here I don't know where to go. I don't have much experience with proofs so can anyone give some guidance? Thanks for your help!