Answer to Question #59000 in Microeconomics for Mohini

Question #59000
A firm faces the production function Q = 10L2K2. The wage rate is 2 and the rental rate of capital is 1. What are the optimal amounts of L and K if the firm’s objective is to produce Q = 25, 000
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Expert's answer
2016-04-11T10:10:04-0400
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