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Suppose a firm has the production function q=100KL, with MPL=50LK and MPK= 50KL. The wage rate is 5 and the rental rate of capital is

Suppose a firm has the production function q=100KL, with MPL=50LK and MPK= 50KL.

The wage rate is 5 and the rental rate of capital is 20 . Derive the total cost function. Use 3 decimal places throughout.

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