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Lagrangian: Minimizing Cost with CES Production Function

Economics in Many Lessons

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Lagrangian: Minimizing Cost with CES Production Function

7 879 просмотров · 7 л. назад
Economics in Many Lessons
82,9 тыс. подписчиков
7 879 просмотров · 7 л. назад
This video finds the cost-minimizing level of labor and capital from producing a given level of output, based on a CES production function.