Write down the firm''s cost minimization problem

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Reference no: EM13188048

Consider a firm with the following Cobb-Douglas production technology:
f(k; l) = [k^(3/4)l^(1/4)]
Suppose the firm faces competitive factor markets and wants to minimize the production cost of producing y units of output.
a) Write down the firm's cost minimization problem. Be very precise.

Reference no: EM13188048

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