Skip to main content

Find long-run cost function, given production function

Thread starter 939
Start date Mar 11, 2013
Tags

Cost function Function

Join the discussion

Ask a follow-up here, or get your own question answered by working scientists, mathematicians and engineers — people, not an autocomplete.

Real named experts · corrections over time · the nuance an AI answer skips

1 reply · 3K views

939

Thread starter
Mar 11, 2013

#1

I am completely lost...

Production function: Q = L + K

Given a hint that there are three answers, depending on the slope of the isocost line...

?

Physics news on Phys.org

epenguin

Science Advisor

Mar 14, 2013

#2

939 said:

I am completely lost...

Production function: Q = L + K

Given a hint that there are three answers, depending on the slope of the isocost line...

?

It is even harder to answer the question when there isn't one.

Top