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Question 1. Suppose that a rm produces a single output g from two inputs 1:1 and 1:2. You ar given 100 monthly observations, and two

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Question 1. Suppose that a rm produces a single output g from two inputs 1:1 and 1:2. You ar given 100 monthly observations, and two of these monthly observations are shown in the following table: Inputs prices Inputs levels Output price Output level Month 101 102 .731 1:2 3) q 3 3 1 40 50 4 60 9 2 2 55 40 4 60 Is there any contradiction between the prot-maximization assumption and these two monthly observa tions

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