76 317
Assignments Done
Successfully Done
In May 2019

Answer to Question #30133 in Microeconomics for sardar adnan

Question #30133
A firm has a production function y=x1x2. if the minimum cost of production at w1=w2=2 is 4 . what is the output level y?
maxi y=x1x2 subject to c=w1x1+w2x2
Expert's answer

Not answered

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions