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  3. Study Set
    Microeconomic Theory Basic
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    Exam 9: Profit Maximization
  5. Question
    If a Price-Taking Firm's Production Function Is Given by ,Its
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If a Price-Taking Firm's Production Function Is Given by ,Its

Question 27

Question 27

Multiple Choice

If a price-taking firm's production function is given by If a price-taking firm's production function is given by  ,its supply function is given by: A) q = 2pw. B) q = p/2w. C) q = 2p/w. D) q = 2w/p.,its supply function is given by:


A) q = 2pw.
B) q = p/2w.
C) q = 2p/w.
D) q = 2w/p.

Correct Answer:

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