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1. Suppose that a rm with production function Q(L,K) = (1'00 + K05 + L05): decides to double its output. Assuming input prices are constant,
1. Suppose that a rm with production function Q(L,K) = (1'00 + K05 + L05): decides to double its output. Assuming input prices are constant, its cost will exactly double. more than double. less than double. More information is needed to answer this question. 999w
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