Question
Mathematics for Economy Question on Preliminaries and functions
Let π, πβΆβ β β be defined by
Then
A
π is convex and π is concave
B
π is concave and π is convex
C
both π and π are concave
D
both π and π are convex
Answer
π is convex and π is concave
Explanation
Solution
The correct option is (A): π is convex and π is concave