If the assignment is not handed in at the beginning of class, it will be considered late and you will get a zero for the grade. For each equation, determine if the equation is homogeneous, homothetic, or neither. If it is homogeneous, state the degree. If it is homothetic, show what the two functions are. If it is neither, prove it is not homogeneous.
L is lamb chops.
Show all work. Show all work. Totally differentiate the following equations, move the endogenous variables to the left with the exogenous variables on the right, and put the resulting system of equations in matrix format. F, H, and J are functions. State how you knew which variables went on which side.