Note that all the

relationships for l and l^c

also apply to k and k^c
where p(q)
Icv ,w , g) = l ( pep yw)
, is the inverse of
the supply function
(we haven't discussed
this and you're
l ( pm ,w7= e' Cv ,w , qcpihw )) not expected to
know it)

-
→ l Cpr ,
w ) -
Icv , Weg )
QC pie w ) c

It
,
c

to :÷÷ .
::* . ..

Tcp ,v ,
w ) c ( v. Weg )