Question: =+f.** Finally, derive the first order condition for the short-run profit maximization problem with fixed capital using the CES production function. Then, using your spreadsheet,
=+f.** Finally, derive the first order condition for the short-run profit maximization problem with fixed capital using the CES production function. Then, using your spreadsheet, check to see whether those first order conditions hold when you plug in the short-run profit-maximizing quantity of labor that you calculated in (b).
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