Maximize Profit with Production Function: 𝑞 = 𝑚𝑖𝑛(𝐿,𝐾)^(1/2)

Описание к видео Maximize Profit with Production Function: 𝑞 = 𝑚𝑖𝑛(𝐿,𝐾)^(1/2)

This video shows how to derive the firm's profit function given the production function of 𝑞 = 𝑚𝑖𝑛(𝐿,𝐾)^(1/2). The profit function is then maximized.

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