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The firm production function is given by Q=5sqrt(KL) a) What is the minimum cost at which 100 units of output can be produced, if the

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The firm production function is given by Q=5sqrt(KL)

a) What is the minimum cost at which 100 units of output can be produced, if the cost of capital is 200 and the cost of labor is 50?

b) What is the maximum achievable output if the cost of the company is 10000?

image text in transcribed
The firm's production function is given by Q = 5x/KL. a) What is the minimum cost at which 100 units of output can be produced, ifthe cost of capital is 200 and the cost of labor is 50? b) What is the maximum achievable output if the cost of the company is 10000

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