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Derive profit function based on the Cobb-Douglas production function 1/3 2/3 of y = x x,

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Derive profit function based on the Cobb-Douglas production function
1/3 2/3
of y = x x2 ·
1

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