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Suppose a firm had a production function with linear isoquants, implying that its two inputs were perfect substitutes for each other. What would determine the
Suppose a firm had a production function with linear isoquants, implying that its two inputs were perfect
substitutes for each other. What would determine the firms expansion path in this case? For the opposite
case of a fixedportions production function, what would the firms expansion path be can you use figures while explaining as im having some tough times with figures and explaining using them could help me better understand the question and the figures
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