Expansion Paths and Total Cost

production technology

F(L,K) = AL^\alpha K^\beta

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\beta = {{params.beta | number: 2}}:

A = {{params.A | number: 2}}:

input prices and quantity

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{{ notation.rLabel }} = {{params.r | number: 2}}:

{{ notation.outputLabel }} = {{params.q | number}}:

Isoquants