Question: From Table 8.2, the chosen input mix for the lettuce farmer is (N = 139.05, W = 805.80) when the prices are PN = $0.70/kg

From Table 8.2, the chosen input mix for the lettuce farmer is (N = 139.05, W = 805.80) when the prices are PN = $0.70/kg and PW = $0.23/mm-ha. Suppose that the prices of both of these inputs double. Does the chosen input mix change? Why or why not? What happens to cost?

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