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...Dartmouth college department of economics summer topic theory the firm andreas bentz based primarily on varian ch setup a produces output y which it can sell for price p is inverse market demand function from quantities inputs factors x input cost per unit w how this produce technology should minimization muchshould profit maximization page production intro in our problem s given and independent form structure particular has nothing to do with competition or behavior tells you much at most get example cobb douglas f b here short run not all be varied least one fixed suppose we still vary by varying marginal product held constant does change as partial derivative respect holding u little i e what slope blue line cont d formally mp lim that rate increase uses more...