Business, 01.11.2019 05:31 kharmaculpepper
Y= k2l1/2a. solve the contractors problem given a general input-cost-functionb. calculate the optimal combination of inputs. c. calculate the firms cost function (plug k* and l* into objective function and solve for c(. what would it cost to produce 3 = 100 ? how much labor and capital are needed assuming that w = r =51.now suppose that y = 83,2141" due to a technological discovery. ? e. illustrate the change on the production function in general, you don’t need numbers. f. solve for the new cost function.9. repeat part d.
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Y= k2l1/2a. solve the contractors problem given a general input-cost-functionb. calculate the optima...
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