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SOLVED: Consider the production function P(e,c) 5el/2cl/3 + € where represents the labor worker-hours represents the capital in thousands of dollars and P the production in hun- dreds of units It is
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How to draw a min graph (Leontief isoquant) on a graphing calculator (particularly the Casio CP400)? The format must be [y = …] and the function is a = min(x,y) where a