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Minimizes its costs per unit of output and spends

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A competitive firm uses two inputs, x and y. total output q is given by q=x1/2y1/2. The price of x is $17 and the price of y is $11. The company minimizes its costs per unit of output and spends $517 on x. How much does it spend on y? 

Reference no: EM132482542

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