diff --git a/lectures/cake_eating_problem.md b/lectures/cake_eating_problem.md index 8013dcaaf..6004c1781 100644 --- a/lectures/cake_eating_problem.md +++ b/lectures/cake_eating_problem.md @@ -433,8 +433,8 @@ After rearranging, the same expression can be written as $$ \lim_{h \to 0} \frac{u(c^*_t - h) - u(c^*_t) }{h} -+ \lim_{h \to 0} - \frac{ \beta u(c^*_{t+1} + h) - u(c^*_{t+1}) }{h} = 0 ++ \beta \lim_{h \to 0} + \frac{ u(c^*_{t+1} + h) - u(c^*_{t+1}) }{h} = 0 $$ or, taking the limit,