Let $\rho, \omega, c > 0$ and let $\alpha \in [0,1]$. I have managed to calculate
\begin{align*} \frac{\rho}{\alpha x^{\alpha-1}y^{1-\alpha}}&= \eta\\ \frac{\omega}{(1-\alpha) x^{\alpha}y^{-\alpha}}&= \eta\\ \left(\frac{\rho}{\omega} \frac{1-\alpha}{\alpha}\right)^{\alpha-1}c &= x \\ \left(\frac{\rho}{\omega} \frac{1-\alpha}{\alpha}\right)^{\alpha}c &=y\\ \end{align*}
So I obviously tried plugging in. But this lead me to a really ugly expression:
\begin{align*} \eta&=\frac{\rho}{\alpha \left(\left(\frac{\rho}{\omega} \frac{1-\alpha}{\alpha}\right)^{\alpha-1}c\right) ^{\alpha-1} \left(\left(\frac{\rho}{\omega} \frac{1-\alpha}{\alpha}\right)^{\alpha}c\right) ^{1-\alpha}}\\ &= \frac{\rho}{\alpha \left(\frac{\rho}{\omega} \frac{1-\alpha}{\alpha}\right)^{(2\alpha-1)(\alpha-1)} }\\ \end{align*} My Question:
(1) How can I simplify this?
(2) Is there a general method for how to simplify an arithmetic expression? I seem to have a lot of these formulas that are quite complicated and it would be nice if there were some other way besides trial and error.
I think you made a mistake in your calculation. The correct answer will be $$\eta=\frac{\rho}{\alpha \left(\frac{\rho}{\omega} \frac{1-\alpha}{\alpha}\right)^{\color{red}{1-\alpha}}}. $$ I don't know if you think this is simple.