=+B. Suppose, as in exercise 13.7, that the two technologies available to you can be represented by
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=+B. Suppose, as in exercise 13.7, that the two technologies available to you can be represented by the production functions f1,, k2 5 19.125, 0.4k 0.4 and g1,, k2 5 30, 0.2k 0.6, but technology g carries with it a recurring fee of F. Suppose further that w 5 20, r 5 10, and F 5 1,000.
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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