Question: 3. Derive the profit function r(p) and supply function (or crrespondence) y(p) for the single- output technologies whose production functions f(z) are given by

3. Derive the profit function r(p) and supply function (or crrespondence) y(p)

for the single- output technologies whose production functions f(z) are given by

3. Derive the profit function r(p) and supply function (or crrespondence) y(p) for the single- output technologies whose production functions f(z) are given by min{zl, 322} (c) f (z) = 4- for I

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