What is the production market in a legal mariquana market

Reference no: EM132199116

Question: What is the production market in a legal mariquana market? Are there high fixed costs? Are there high variable costs? What are the production inputs? Write down a production function and justify its functional form. Derive the cost function from the production function and prices of inputs. Use the cost function and output prices to set up a firm's profit maximization problem.

Reference no: EM132199116

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