How can we get this result, step by step
$$\frac{d(\frac{f(k_t)}{k_t})}{dt}= \frac{\dot{k_t}}{k_t}(f'(k_t)-\frac{f(k_t)}{k_t})$$
How can we get this result, step by step
$$\frac{d(\frac{f(k_t)}{k_t})}{dt}= \frac{\dot{k_t}}{k_t}(f'(k_t)-\frac{f(k_t)}{k_t})$$
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$$\frac{d}{dt}\frac{f}{k}\stackrel{\stackrel{\text{Chain}}{\text{rule}}}{=}\dot{k}\frac{d}{dk}\frac{f}{k}\stackrel{\stackrel{\text{Product}}{\text{rule}}}{=}\dot{k}\left(\frac{f^\prime}{k}-\frac{f}{k^2}\right)=\frac{\dot{k}}{k}\left(f^\prime-\frac{f}{k}\right).$$