Question: Derive the supply function with the production function production function y = l 1 / 3 K 2 / 3 and the price w and
Derive the supply function with the production function production function y l
K
and
the price w and for input labor L and capital K respectively.
If the price taking firm can produce output in two different factories with the individual cost
functions cy ay
and cy by
and Yyy
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