Hi Mister Pfeier, that really helped me. Thanks a lot.
I have one more question :).
If I want to linearise one optimility condition:
for example this one
In this case, F is already differentiated in the optimility condition. And the function is known. Of course, the derivation of the Function to N is no problem.
But if i want to take a multivariate Taylor Approx, do I have to differentiate F_n to just N or also K ?
Have a nice Weekend:)