Question: (a)Consider a one input production technology utilizing labor that is represented by the function,x= Aln(L) with A>0. Is the producer's choice set convex? Show your

(a)Consider a one input production technology utilizing labor that is represented by the function,x= Aln(L) with A>0. Is

the producer's choice set convex? Show your working.

(b) Find the total cost function associated with this production technology.

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