Expansion Paths and Total Cost


production technology
F(L,K) = AL^\alpha K^\beta
\alpha = {{params.alpha | number: 2}}:
\beta = {{params.beta | number: 2}}:
A = {{params.A | number: 2}}:
input prices and quantity
{{ notation.wLabel }} = {{params.w | number: 2}}:
{{ notation.rLabel }} = {{params.r | number: 2}}:
{{ notation.outputLabel }} = {{params.q | number}}:
Isoquants
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