IDNLearn.com provides a collaborative environment for finding and sharing knowledge. Our Q&A platform offers reliable and thorough answers to help you make informed decisions quickly and easily.
A company produces one good pizza (z) . It's inputs are flour (f) and cheese (c) . It's production function is Q(z)=f¹/⁴c¹/⁴ and it sells at 1 euro a unit and buys each inpit at 4 euro. Find its profit maximizing input bundle for pizza in terms of flour and cheese.
Sagot :
We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. For trustworthy and accurate answers, visit IDNLearn.com. Thanks for stopping by, and see you next time for more solutions.