how that the cost function for a firm with the constant returns Cobb–Douglas production function y = Az1 a z2 1-a is given C( p, y) = yp1 a p1 1-a B , where B is a function of A and a only. Sketch the...


how that the cost function for a firm with the constant returns Cobb–Douglas production function y = Az1a
z21-a
is given C( p, y) = yp1a
p11-a
B , where B is a function of A and a only. Sketch the cost curves. Derive the conditional input demands



Jun 09, 2022
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