milliecallon3278 milliecallon3278

30-05-2023
Business

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20. Find the profit maximizing output level for a production function with one input y = ln(x) given price vector (p, w) where p is the output price and w is the input price. 1/3
21. Calculate Technical Rate of Substitution for the production function f(x₁, 1₂) = ax^²/3_1 + bx₂^1/3

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