Why Does the Constant 't' Appear in the Derivative of a Homogeneous Function?

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Discussion Overview

The discussion revolves around the appearance of the constant 't' in the derivative of a homogeneous function, particularly in the context of economics. Participants explore the application of the chain rule in differentiating homogeneous functions and the implications of this differentiation on understanding the behavior of such functions.

Discussion Character

  • Technical explanation
  • Conceptual clarification
  • Homework-related

Main Points Raised

  • One participant defines a homogeneous function and notes that its partial derivative is homogeneous to the degree k-1, raising a question about the appearance of 't' in the differentiation process.
  • Another participant explains that the 't' arises from the chain rule, emphasizing that when differentiating a function of the form f(g(x)), the derivative of g must be included, leading to the multiplication by 't' when differentiating f(tx).
  • A participant expresses confusion about the notation used in the original text, indicating that the way the derivative was presented made it difficult to understand the role of 't' and the differentiation process.
  • There is a request for advice on how to present mathematical functions more clearly, indicating a struggle with notation and formatting in their own work.

Areas of Agreement / Disagreement

Participants generally agree on the application of the chain rule in this context, but there is no consensus on the clarity of the original explanation or notation used in the book. Some participants express confusion while others find the explanation satisfactory.

Contextual Notes

There are limitations in the clarity of the original text regarding the differentiation process, and participants express varying levels of understanding based on the notation used. The discussion does not resolve these issues but highlights different perspectives on the same problem.

Who May Find This Useful

This discussion may be useful for students or individuals studying homogeneous functions, particularly in economics, as well as those interested in the application of the chain rule in differentiation.

Sidney
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I've been reading a book on economics and they defined a homogeneous function as: ƒ(x1,x2,…,xn) such that
ƒ(tx1,tx2,…,txn)=tkƒ(x1,x2,…,xn) ..totally understandable.. they further explained that a direct result from this is that the partial derivative of such a function will be homogeneous to the degree k-1.They proved this by simply differentiating both sides of the equation. My problem arises when they differentiate the left hand side (with respect to the first argument as an arbitrary choice). They say the partial differential(of the LHS wrt x1) is:

(∂ƒ(tx1,tx2,…,txn)/∂x1).t

my question is where does the t come from.. ..please bear with me
 
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They used the chain rule. When you take a derivative of

f(g(x)) with respect to x, you first take the derivative of f, but then you need to multiply by the derivative of g.

\frac{d}{dx}f(g(x))=f'(g(x))\cdot g'(x)

So

\frac{d}{dx}f(tx)=f'(tx)\cdot \frac{d}{dx}tx = f'(tx)\cdot t

assuming t is independent of x (constant).
 
thank you :) I don't know why it seems so obvious now ..I did think of the t as being a result of the chain rule but for some reason the way they wrote it down made no sense to me and had me stuck...I think it's because they wrote (∂ƒ(tx1,tx2,…,txn)/∂x1) which to me means with respect to x( i.e. ∂x1) and not with respect to the change in the intermediate function(tx) and so it came across as meaning the complete derivative of ƒ1 encompassing all the intermediate processes..

the way you have your functions written down is so neat. If you don't mind me asking what did you use because the way I'm doing it takes forever, is very messy and I can't write in fraction form
 
Last edited:
Sidney said:
thank you :) I don't know why it seems so obvious now ..I did think of the t as being a result of the chain rule but for some reason the way they wrote it down made no sense to me and had me stuck...I think it's because they wrote (∂ƒ(tx1,tx2,…,txn)/∂x1) which to me means with respect to x( i.e. ∂x1) and not with respect to the change in the intermediate function(tx) and so it came across as meaning the complete derivative of ƒ1 encompassing all the intermediate processes..

Things often become clear again when it's explained in simple terms :)

Sidney said:
the way you have your functions written down is so neat. If you don't mind me asking what did you use because the way I'm doing it takes forever, is very messy and I can't write in fraction form

Check out this page:
https://www.physicsforums.com/threads/introducing-latex-math-typesetting.8997/

And what you can also do to help speed up the learning process is to quote a post and observe what the poster had written in their latex.
 

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