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(A) Each hour the firm needs to produce Q units of output to ship to their customers. Write out the firm's cost minimization problem. Be

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(A) Each hour the firm needs to produce Q units of output to ship to their customers. Write out the firm's cost minimization problem. Be explicit in specifying the choice variable(s) and the constraint. (B) Find the firm's fixed cost, variable cost, marginal cost, and average total cost functionsSuppose a rm has the following production function: F (Kym = AK%L%. In the short run, capital is xed at E = 10. Capital rents for $25 per unit per hour, labor can be hired for $9 per unit per hour, the level of total factor productivity is 3

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