The firms production function is ymin2x1x2 the cost


The firm's production function is y=min{2X1,X2}. The cost function of the firm is given by C=w1X1+w2X2. What are the firm's conditional input demands for input 1 and input 2? What is the firm's total cost function? Draw the graph.

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Microeconomics: The firms production function is ymin2x1x2 the cost
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