Question: Question: 2. Let input prices be (w1, w) and output price be p. Take as given the production function f (x1, x2) = min ,

Question:

2. Let input prices be (w1, w) and output price be p. Take as given the production function f (x1, x2) = min , 32. First derive the cost function. Then directly use the cost function to derive the output supply function.

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