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Production function of producing computer software diskettes

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Reference no: EM132091658

The production function of producing computer software diskettes (Q) is : q=LK^1/2. The input K is fixed at 100. The price of K is $2 and the price of L is $50. I need help figuring out what the lowest cost would be if I were to produce 100 units of outputs?

Reference no: EM132091658

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