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A. Math Topics

A3. Scale Properties of Functions

How does the value of a formula respond to proportional changes in its variables?


Video Description
a. Scale Properties of Functions (8:01)
(0:00) constant returns to scale
(4:15) increasing returns to scale
(6:20) decreasing returns to scale
(6:50) scale invariance
b. Scale Properties of Functions (Calculus Applications) (1:48)
(0:00) if ƒ(x1,…,xn) is constant returns to scale then its partial derivatives are all scale invariant
(0:55) Euler’s theorem