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A firm produces according to the production function f (x, y) = x 0.5 y. In the short term it should use 35 units of
A firm produces according to the production function f (x, y) = x0.5 y. In the short term it should use 35
units of factor y. The cost of factor x is $ 105 per unit, while the cost of factor y is $ 3
per unit. Calculate the short run marginal cost.
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