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The production function is f ( L , M )=4 L 1/2 M 1/2 , where L is the number of units of labor and

The production function isf(L,M)=4L^1/2M^1/2, whereLis the number of units of labor andMis the number of machines used. If the cost of labor is $49 per unit and the cost of machines is $36 per unit, then the total cost of producing 4 units of output will be

a.$84.

b.$170.

c.$144.

d.$168.

e.None of the above.

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