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1. Let f(x1,x2)= Question: 1. Let f(x1,x2)=  Find the short run average cost curve for x2 = 1, 2 and 3 Find thelong run av...
Find the short run average cost curve for x2 = 1, 2 and 3 Find the
long run average cost curve. You may have to assume equal prices to
solve the long run average cost curve, though a graph will do.
(note the 0.5 exponent is attached to both x1 and x2. it looks
funny on here)

Show transcribed image text 2 15z2.5 .0001T1 .0001r2

2 15z2.5 .0001T1 .0001r2