What is the value of the bordered Hessian determinant of the generalized Cobb-Douglas production function  q=K0,3L0,5 subject to 2K+L=120? A) K0,5/L1.5 + 0,6/K0,7L0,5+21L0,5/K1,7 B) 21L0.5/K1,7+K0,7/L0,5+1/K0,3L1,5 C) K0.3/L1,5+0,6/K0,7L0,5+21L0,5/K1,7 D) K1,7/L1,5+21/K0,7L0,5+1/K0,3L1,5

Explain the determaine step by step

7. Consider the following model: y= Po + B,x +€ . In this model, the following is true: a) there is a deterministic component and a random component in the model equation b) the error term in the model represents cumulative mistakes made by the researcher in computing his/her statistics on the sample c) the intercept value is necessarily equal to 0 for any sample on which this equation is applied (as evidenced by the fact that it is indicated by the subscript 0) d) when computed on a sample, the slope must always be positive for this equation to work e) if we were to use this equation for prediction, we'd place “hats" above certain values in the equation f) a and e g) a, b and e

6.consider the pollowing chance of variables (for 20) su=3xe" Find(in teims of æ and u) the Jacobian matriX amom I(u, v;c.y) and its determiNant