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Business, 19.03.2020 07:59 katelynkb4484
Given the production function (,K) = 1 3K 1 3 , find the long-run cost minimizing input combination L and K as functions of q, w and r, where q is the output level the firm is producing. Write the cost function.
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Given the production function (,K) = 1 3K 1 3 , find the long-run cost minimizing input combination...
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