A price-taking firrm has the production function Q = f(z1, z2). The output price is P and the input price is w1 and w2. There are two unusual things about this firm. First, rather than maximizing profit, this firm maximizes revenue.

A price-taking firrm has the production function Q = f(z1, z2). The output price is P and the input price is w1 and w2. There are two unusual things about this firm. First, rather than maximizing profit, this firm maximizes revenue.

 

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