=+B. Suppose that your production function is given by f1,,k2 5 30, 0.4k 0.4 , F 5
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=+B. Suppose that your production function is given by f1,,k2 5 30, 0.4k 0.4
, F 5 1,080 and the weekly city-wide demand for gallons of gasoline is x1p2 5 100,040 2 1,000p. Furthermore, suppose that the wage is w 5 15 and the current rental rate is 32.1568. Gasoline prices are typically in terms of tenths of cents, so express your answer accordingly.
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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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