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Question

Mathematics for Economy Question on Preliminaries and functions

Let 𝑓, π‘”βˆΆβ„ β†’ ℝ be defined by
𝑓π‘₯={ π‘₯+2, 2π‘₯+1, π‘₯≀1 π‘₯>1  and 𝑔π‘₯ = { 2π‘₯, π‘₯ + 2, π‘₯ ≀ 2 π‘₯ > 2.
Then

A

𝑓 is convex and 𝑔 is concave

B

𝑓 is concave and 𝑔 is convex

C

both 𝑓 and 𝑔 are concave

D

both 𝑓 and 𝑔 are convex

Answer

𝑓 is convex and 𝑔 is concave

Explanation

Solution

The correct option is (A): 𝑓 is convex and 𝑔 is concave