Question: Suppose a firm' s production function is f ( x 1 ; x 2 ) = x 1 1 4 x 2 1 4 ,

Suppose a firm' s production function is f(x1;x2)=x114x214, the price for output is p ; and the prices
for the inputs are w1=1 and w2=2. The long run supply function and the firm' s cost function are
and -.
p222;222y2
p422;422y2
p422;222y2
p222;422y2
Suppose a firm' s production function is f ( x 1

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