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QUESTION 2. The QB Company builds McMansions (Q) in the Lower Mainland. It combines capital (K) and labour (L) in its production function in the

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QUESTION 2. The QB Company builds McMansions (Q) in the Lower Mainland. It combines capital (K) and labour (L) in its production function in the following way: Q(K,L)=K1/3L1/3Labourcost:w=$10Capitalrentalcost:v=$160 2A. QB wants to build 9 McMansions. What is its cost-minimizing choice of Capital and Labour? (What is the objective function? What is the constraint?)

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