Advanced Microeconomics-General Equilibrium

a. Find conditional factor demands

b. is the production function homothetic?

c. draw the marginal and average cost curves for w1 = w2 = 1.

d. Find the profit function π(p, ) for all values of p>0, >0

Please look at attachment file for more detail

a. Find conditional factor demands

b. is the production function homothetic?

c. draw the marginal and average cost curves for w1 = w2 = 1.

d. Find the profit function π(p, ) for all values of p>0, >0

Please look at attachment file for more detail

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