Re: COST FUNTION NUMERICAL

Posted by L on Mar 27, 2015; 1:40pm
URL: http://discussion-forum.276.s1.nabble.com/COST-FUNTION-NUMERICAL-tp7595827p7596013.html

Shouldn't cost function be this:
C = q(v+w)/3

I think your answer will be valid if production function had been: f(k,l)= max((k+2l), (2k+l))