I am trying to find the following partial derivative.
$$\frac {\partial }{\partial Y} U(Y-T(Y))$$
I know I need to use the chain rule, and if the function were simply U(T(Y)) it would obviously be straightforward - but I'm getting caught up on subtracting a function of Y from Y directly. Does anyone have any guidance on where to start here? (Also, I'm new to MathJax so let me know if I should make edits to make that better!)
Thanks all.
We have that
$$U=U(Y-T(Y))$$
then
$$\frac {\partial }{\partial Y} U(Y-T(Y))=U'(Y-T(Y))\cdot \frac {\partial }{\partial Y}(Y-T(Y))=U'(Y-T(Y))\cdot(1-T'(Y))$$