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learn.uwaterloo.ca/d21/le/content/598593/viewContent/3306821/View Question [1]: Let us look at a simple example of a firm with a shut-down decision. Suppose there is one output y produced from

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learn.uwaterloo.ca/d21/le/content/598593/viewContent/3306821/View Question [1]: Let us look at a simple example of a firm with a shut-down decision. Suppose there is one output y produced from 1 input . Let output price be p and input price be w. Technology is given by the function y = f(1) = Jo if l

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