A firm produces according to the production function F(x1, x2) = (min(x 1 ,3x 2 )) 1/2
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Question:
A firm produces according to the production function F(x1, x2) = (min(x1,3x2))1/2
The factor costs are w1 = 3 and w2 = 9. Find the equation for the supply curve for this firm.
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