Question: 3.11 Boxes of cereal are produced by using a fixedproportion production function: One box and one unit (12 ounces) of cereal produce one box of

3.11 Boxes of cereal are produced by using a fixedproportion production function: One box and one unit (12 ounces) of cereal produce one box of cereal. What is the expansion path? What is the cost function? (Hint: See Solved Problem 7.5.)

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