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What is the total cost of producing 28800 units of output with the optimal combination of L and K when the production function Q =
What is the total cost of producing 28800 units of output with the optimal combination of L and K when the production function Q = 24KL, the wage rate is 15, and the rate of interest is 5?
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Total cost of producing 28800 units is 600
Total cost of producing 28800 units is 2400
Total cost of producing 28800 units is 1800
Total cost of producing 28800 units is 1200
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