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Question: 20 points suppose prisons historically have required inmates to perform...

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(20 points) Suppose prisons historically have required inmates to perform, without pay, various cleaning and food preparation jobs within the prison. Now, suppose that prisoners are offered paid work in factory jobs within the prison walls and that non-prisoners now perform the cleaning and food preparation tasks for a wage (non-prisoners used to do the factory work). Would you expect to see any differences in the amount of capital used to perform these tasks? Explain using the long run production and cost functions. 5.
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