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# Can someone please help with the problem below? Thanks! alt="Screen Shot 2019-10-02 at 10.02.39 AM.png" /> ATTACHMENT PREVIEW Download attachment Screen Shot 2019-10-02 at 10.02.39 AM.png Consider the production function f(21, \$2) = min(\$1, 12) (a) Suppose we are in the short run and r, is fixed at some 12. Sketch the production set with output on the y axis and z, on the x axis. Be sure to label :2. (b) Sketch an isoprofit line corresponding to the case p &gt; wj through the point y = 12, 21 = \$2. (c) Sketch an isoprofit line corresponding to the case p &lt; wj through the point y = 12, 21 = 12.. (d) Solve for the factor demand for r, as a function of w1; p, and 12 (still in the short run).

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