Suppose a monopolist faces production function Q = 3KL and demand function Q = 12 - P. Derive the i
Question: Suppose a monopolist faces production function Q = 3KL and demand function
Q = 12 - P. Derive the input demand (as a function of Q, r and w) for capital and labor.
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Answer: The answer consists of 1 page
Type of Deliverable: Word Document![](/images/msword.png)
Type of Deliverable: Word Document
![](/images/msword.png)