Question: a1a2 (d) Suppose a Cobb Douglass production function with two inputs and exponents inside the production function y = xx22 that are less than

a1a2 (d) Suppose a Cobb Douglass production function with two inputs and exponents inside the production function y = xx22 that are less than one. Derive the profit maximizing choices of x1, x2, andy for arbitrary prices.

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8 Foc FOC y xxxx2 T Pywx W2X2 P X X XX2 W x W X 2 Xi PXiari X22 0 a... View full answer

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