固定比例与完全替代

Fixed proportions

Perfect substitutes

Marginal products at the poles

Choosing the poles in practice

For f equal to min of 2x1 and x2, what is output at (10, 12)?

Where do the kinks of the isoquants of f equal min of 2x1 and x2 lie?

For f equal to 2x1 plus 3x2, what is the TRS and how does it vary along an isoquant?

Why do kinked technologies ignore relative input prices for the mix?

For f equal to 2x1 plus 3x2, compute output at (5, 4), and write the number.

For f equal to min of 2x1 and x2, compute output at the kink bundle with x1 equal to 3 and x2 equal to 6, and write the number.

For f equal to min of 2x1 and x2, what is output at the bundle (4, 10)?

For f equal to 2x1 plus 3x2, what is output at the bundle (0, 7)?

For f equal to 2x1 plus 3x2 with input prices w1 of 2 and w2 of 3, which input mix does a cost-minimizer choose?

For f equal to min of 2x1 and x2 with x2 fixed at 6, x1 rises from 3 to 5. What happens to output?

For f equal to min of 2x1 and x2, compute output at the bundle (4, 10), and write the number.

For f equal to 2x1 plus 3x2, compute output at the bundle (0, 7), and write the number.