Question

Consider the function: Z = 5x2 + 3x2y + 2y3 Suppose that x = 3, y...

Consider the function:

Z = 5x2 + 3x2y + 2y3

Suppose that x = 3, y = 2, Δx = 0.2, and Δy = 0.2

so that The change in the portfolio value by using the Taylor series expansion is?

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