Hello,
I am new to Mathematica and I am trying to find the the value of y that satisfies this equation. However, I am not being able to get an explicit result nor to find the reason.
I have following input:
TD=0.0326
MD=0.0163
c0=77.6
EQbar=c0/10
alfa=0.1
teta=-0.11
EQ=c0
solve[alfa*(EQ-EQbar)^teta-(1-alfa)*((1-TD)*c0)^teta==alfa*((c0/(1+y*9))-EQbar)^teta+(1-alfa)*((1-MD)*c0)^teta,y]
Output:
solve [-0.496999==0.558654 +0.1/(-7.76+77.6/(1+9 y))^0.11,y]
I would like to have y value of the equation.
Many thanks.
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