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Question 3 Suppose a rm has the following production function: Y = (A + C) %L% where A represents macbooks, 0 represents chromebooks and L

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Question 3 Suppose a rm has the following production function: Y = (A + C) %L% where A represents macbooks, 0 represents chromebooks and L denotes labor. The prices of the three inputs are pA, p0 and w. Solve for the conditional factor demands of each input and for the cost function. [12 marks]

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