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The production function for a certain firm is of the form Q = 20K2/3 L1/3. The wage rate is Ksh 230 and the price per

The production function for a certain firm is of the form Q = 20K2/3 L1/3. The wage rate is Ksh 230 and the price per unit of capital is Ksh 280. The production manager has been given a target of 800 units. Determine the units of labour and capital he should hire to minimize cost.

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