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Given the Cobb-Douglas production function Q = 20L K'? and the cost of labor (L) and capital (K) as $10 and $40 respectively, use the

Given the Cobb-Douglas production function Q = 20L K'? and the cost of labor (L) and capital (K) as $10 and $40 respectively, use the Lagrangian method to determine the equilibrium of the firm. (20 marks)NIVERSITY

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