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Suppose a firm seeks to produce QT units of output, with Q1 of those units produced by one process, and Q2 units produced by a

Suppose a firm seeks to produce QT units of output, with Q1 of those units produced by one process, and Q2 units produced by a second process. In this case the firm will minimize its costs if it selects values for Q1 and Q2 such that Multiple choice question. (MCQ1 + MCQ2) is minimized. MCQ1 = MCQ2. MCQ1 = MCQ2 = 0

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