Question: 3. Derive thc profit fimction T(p) and supply fimction (or correspondence) y(p) for thc single- output technologies whose production fimctions f (z) arc given


3. Derive thc profit fimction T(p) and supply fimction (or correspondence) y(p) for thc single- output technologies whose production fimctions f (z) arc given by (b) f(z) - min{Z1 , 3z2} = (4 -f- for p S I
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