4. A monopoly has a production function given by y(x,x,)= x}x} . The prices of output and factors are the following p(y) = 6y ´ a) the factor demand function, ç) the cost function, V1, V2. Compute b) the conditional factor demand function, d) the supply function.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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I need an answer to my 4th question. but, please write it more accurately and more explained way. 

1 1
4. A monopoly has a production function given by y(x,x, )= x}x}. The prices of output and
1
factors are the following p(y) = 6y ², v,, v2. Compute
a) the factor demand function,
c) the cost function,
b) the conditional factor demand function,
d) the supply function.
Transcribed Image Text:1 1 4. A monopoly has a production function given by y(x,x, )= x}x}. The prices of output and 1 factors are the following p(y) = 6y ², v,, v2. Compute a) the factor demand function, c) the cost function, b) the conditional factor demand function, d) the supply function.
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