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| [2843] by "INCORRECT-IS-U"
(partyoffive.hl.andrew.cmu.edu) on Thu 22 Mar 2001 15:08:44
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It is true that the two firms have the same isoquants, but they certainly do not have the same technology.
If both firms have the input combination (x1, x2) =(1.1), the the first firm will have an output of 2 and the second firm will have an output of 4.
[from Professor Fcukmo's Disingenious Lecture Series Z] |
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