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Input prices for a firm are w=4 and r=1 and the production function is q = 4K .5 L .5 . What is the the

Input prices for a firm are w=4 and r=1 and the production function is q = 4K.5 L .5 . What is the the least cost input combination required to produce 40 units of output? Suppose capital was fixed at 16 units. What would be the implications for labor usage and of total costs?

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