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    Intermediate Microeconomics Study Set 1
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    Exam 19: Cost Minimization-Part A
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    If the Production Function Is F (X1, X2)= Min{x1, X2}
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If the Production Function Is F (X1, X2)= Min{x1, X2}

Question 40

Question 40

True/False

If the production function is f (x1, x2)= min{x1, x2}, then the cost function is c(w1, w2, y)= min{w1, w2}y.

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