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Which of the following sets of economic data is minimizing the cost of producing a given level of output? Question 36 options: MP L =

Which of the following sets of economic data is minimizing the cost of producing a given level of output?

Question 36 options:

	MP_L= 20, MP_K= 40, w = $16, r = $32.
	MP_L= 20, MP_K= 40, w = $32, r = $16.
	MP_L= 40, MP_K= 20, w = $16, r = $32.
	MP_L= 40, MP_K= 40, w = $16, r = $32.

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