Consider a profit-maximising firm that is a price-taker in all of the markets in which it participates. Suppose that this firm's production set is Y =n(y1,y2)R2 : y2 6pmax(y1 1,0), 106y1 60o. Recall that a production set is the set of all feasible production plans. A production plan is a "net output" (or "net-put") vector, where a negative "net output" of a commodity means that the commodity is a "net input". A particular production plan for this firm consists of a net output for commodity one (y1 R) and a net output of commodity two (y R). Youmayassumethat(p,p)R2 ,wherep isthepriceofcommodityone 2 12 1 (p1) and p2 is the price of commodity two. (In other words, both commodity prices must be strictly positive real numbers.)