In: Economics
Find the first-order and second-order partial derivatives of the following functions:
(x,y) =x2y3
Z = f(x, y) = x2y3
(1) First-order partial derivatives are:
Zx =
Z/
x
= 2xy3
Zy =
Z/
y
= 3x2y2
(2) Second-order partial derivatives are:
Zxx =
/
x(
Z/
x)
= 2y3
Zyy =
/
y(
Z/
y)
= 6x2y
Zxy =
/
y(
Z/
x)
= 6xy2
Zyx =
/
x(
Z/
y)
= 6xy2