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A firm's production function Q = 2(KL)0.5. If the cost of L is $8 a unit...

A firm's production function Q = 2(KL)0.5. If the cost of L is $8 a

unit and the cost of K is $2 a unit, then what is the firm’s total cost?

(a.) 2Q^0.5

(b.) 4Q^0.5

(c.) 2.5Q

(d.) 4Q

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Answer #1

Ans. d. 4Q

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