16. With the production function Q = 2 min(K, L) and the cost function C = 2K...

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16. With the production function Q = 2 min(K, L)

and the cost function C = 2K + 3L, what combination of inputs minimizes costs for Q = 10?

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Microeconomics

ISBN: 9780716759751

1st Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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