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=10min(k, 2 1 l) For part A, we need to draw and label three of Kido's isoquants: q = 20 q=20, q = 60 q=60,
=10min(k, 2 1 l) For part A, we need to draw and label three of Kido's isoquants: q = 20 q=20, q = 60 q=60, and q = 100 q=100. For part B, suppose the implicit daily rental price of an armored vehicle is v = $200 and the daily wage for each worker is w = $300. We want to find the minimum cost associated with producing 60 deliveries ( q = 60 q=60). We also need to draw the "equal-cost line" associated with these input prices and label it as "CB". Additionally, we will determine the optimal amounts of k k and l l that minimize the cost, and calculate the total cost of producing 60 deliveries
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