Production function y=1.5LLabour supply function Ls= 100 (w/p-... | Filo
Production function y=1.5LLabour supply function Ls= 100 (w/p-... | Filo
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3. Derive the profit function (p) and supply function (or correspondence) y(p) for the single output technologies whose production functions f() are given by(a) f()= /21 32 (b) f()= /min21,32 (c) f()= ( 3)1/, for 1
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