Exercise
Determine if the following function:
Is homogeneous.
Final Answer
Solution
We look at the function:
By definition, a function is homogeneous of degree n if and only if the following holds:
For a parameter t.
Therefore,
We plug in our function and get
We open brackets and get
And we got the following:
For any t and any n.
In short, we got the following:
Hence, by definition, the given function is not homogeneous.
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