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(See Solution) On separate axes, draw typical production isoquants for each of the following production functions. f(x, y)=min 2 x, x+y f(x, y)=x y. f(x, y)=x+min

Question: On separate axes, draw typical production isoquants for each of the following production functions.

  1. \(f(x, y)=\min \{2 x, x+y\}\)
  2. \(f(x, y)=x y\).
  3. \(f(x, y)=x+\min \{x, y\}\).
  4. \((x, y)=x+y^{1 / 2}\)

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