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Business, 21.11.2019 23:31 renelopez79318

The production function for earthquake detectors (q) is given as follows: q = 4k1/2l1/2 where k is the amount of capital employed and l is the amount of labor employed. the price of capital, pk, is $18 and the price of labor, pl, is $2. refer to scenario 2. suppose that you receive an order for 60 earthquake detectors. how much labor will you use to minimize the cost of 60 earthquake detectors?

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The production function for earthquake detectors (q) is given as follows: q = 4k1/2l1/2 where k is...

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