What are the conditional input demand functions for l and k

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Reference no: EM13192667

f(L,K) = ln(L+1) + ln(K+1)

(1) Does this function has any corner solutions? If so, what are the values?

(2) For what values of (w,r,y), is there an interior solution for cost minimization>

(3) Find all possible interior solution for (L*,K*)

(4) what are the conditional input demand functions for L, K?

(5) what is the cost function?

Reference no: EM13192667

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