Question: 1) A Orm has a production function, | Q = F (MH; H; K) = A (MH) ( H 7) 2 : The wage payed

 1) A Orm has a production function, | Q = F

1) A Orm has a production function, | Q = F (MH; H; K) = A (MH) ( H 7) 2 : The wage payed per hour is w. The Orm must also pay a cost of z for each worker hired and p for each manhour worked. The Orm wants to minimize the cost of producing

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