Question: =+B. Once again, suppose that the production function used by firms in the gasoline refinery industry is f1,, k2 5 A, a k b with

=+B. Once again, suppose that the production function used by firms in the gasoline refinery industry is f1,, k2 5 A, a k

b with a,b . 0 and a 1 b , 1, and suppose that each refinery pays a recurring fixed cost F.

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