Exam (elaborations)
Sol-PS ECON 290
- Course
- ECON 290
- Institution
- American University Of Health Sciences
Problem Set 2 ECON 290, Models of Choice in Competitive Markets Jean Guillaume Forand∗ Fall 2016, Waterloo 1. Suppose that a firm has a the production function f(z1, z2) = 2z1 + z2 if z1 ≤ 2, 0 if z1 > 2. (a) Show that this production technology satisfies the no-free l...
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