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A firm produces good X and has a production function X = 2L^0.25K^0.25, where L and...

A firm produces good X and has a production function X = 2L^0.25K^0.25, where L and K are the inputs.
Assume that the price of L is $6 and the price of capital is $12. Let the firm have a target output
of X1 units.
a. Find the firm’s conditional demand for labor and capital.
b. Find the firm’s total cost function.
c. What is the firm’s marginal cost?

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