Find out the combination of x and y

Reference no: EM133426021

Question: Consider the following production function: f(x,y)=(x+y)0.5 ; for all x,y ≥0. If the input prices of x and y are wx and wy respectively, then find out the combination of x and y that minimizes cost in order to produce output level q.

Reference no: EM133426021

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