A farmer has 1 acre of land. If he uses X pounds of fertilizer he can harvest √x tons of wheat. What is his production function if he has A acres of land and can just replicate the same production process on each piece of land? √X. A * A √XA XA

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
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A farmer has 1 acre of land. If he uses X pounds of fertilizer he can harvest
√x
tons of wheat. What is his production function if he has A acres of land and can just
replicate the same production process on each piece of land?
XXX
A
* A
VXA
√XA
Transcribed Image Text:A farmer has 1 acre of land. If he uses X pounds of fertilizer he can harvest √x tons of wheat. What is his production function if he has A acres of land and can just replicate the same production process on each piece of land? XXX A * A VXA √XA
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