1) maximize production subject to a total expenditures constraint 2) maximize the cost of producing a given level of out

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answerhappygod
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1) maximize production subject to a total expenditures constraint 2) maximize the cost of producing a given level of out

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1) maximize production subject to a total expenditures constraint
2) maximize the cost of producing a given level of output
3) maximize total profits (faces no costs or outputs constraints)
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