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firm?s output is produced according

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If a firm?s output is produced according to Q = 4LK, the price of K is $10, and the price of L is $40, what is the cost-minimising combination of K and L capable of producing 64 units of output?;The cost-minimising quantity of K is?;The cost-minimising quantity of L is

 

Paper#26867 | Written in 18-Jul-2015

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