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Warner provides broadband service in Surf City. The production function for Warner is given by the following: ? = ?(?, ?) = ?0.4?0.6 where L
Warner provides broadband service in Surf City. The production function for Warner is given by the following: ? = ?(?, ?) = ?0.4?0.6 where L represents man-hours, K represents machine hours and output Q is measured in households served. The input prices for L and K are w and r respectively
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