=+a.** Determine the long-run equilibrium price p* and output level x* as a function of A, a,
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=+a.** Determine the long-run equilibrium price p* and output level x* as a function of A,
a, b, w, and r. (You can use the cost function given in equation (13.43) in exercise 13.5 as well as the profit function given equation (13.46) in exercise 13.7.)
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Related Book For 
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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