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Suppose the long-run cost function is given by: C(w, r. Q) What would be the conditional demand for labor and capital respectively? (w+r)2 (w
Suppose the long-run cost function is given by: C(w, r. Q) What would be the conditional demand for labor and capital respectively? (w+r)2 (w 0 2rQ (w+r)2 C) 2r2Q (w+r)2 (w+r)3 2WQ 2 w2Q 2w2Q (W+r)3
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