1)
The great philosopher Rogers once said that you
need holding knowledge (H), folding knowledge...

Question

1)
The great philosopher Rogers once said that you
need holding knowledge (H), folding knowledge (F), and economics knowledge
(E).Therefore, overall knowledge (K)
can be expressed as: (18 marks)

a)
Interpret this equation. (Ignore derivatives that
are zero and ignore elasticity.)
b)
Use this equation to show and explain Young’s
Theorem.

David · Accepted Answer

The great philosopher Rogers once said that you need holding knowledge (H), folding 
knowledge (F), and economics knowledge (E).  Therefore, overall knowledge (K) can 
be expressed as:  
(18 marks) 
1723 3  EHFK  
 
a) Interpret this equation. (Ignore derivatives that are zero and ignore 
elasticity. 
Answer: 
This equation implies that overall knowledge (K) is positively related to holding 
knowledge, folding knowledge and economics knowledge.

1) The great philosopher Rogers once said that you need holding knowledge (H), folding knowledge (F), and economics knowledge (E).Therefore, overall knowledge (K) can be expressed as: (18 marks)...

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