Suppose a firm with a production function given by Q = 4K^0.25L^0.75 produces 100 units of output. The firm pays a wage of $30 per units and pays a rental rate of capital of $10 per unit.
(Note:
)
The minimum cost of producing 100 units of output is:

Question

Suppose a firm with a production function given by Q = 4K^0.25L^0.75 produces 100 units of output. The firm pays a wage of $30 per units and pays a rental rate of capital of $10 per unit.
(Note:

Suppose a firm with a production function given by Q = 4K<sup>0.25</sup>L<sup>0.75</sup> produces 100 units of output. The firm pays a wage of $30 per units and pays a rental rate of capital of $10 per unit. (Note: ) The minimum cost of producing 100 units of output is: A) $3,000. B) $2,250. C) $800. D) $1,000.

)
The minimum cost of producing 100 units of output is:

Quizplus · Accepted Answer

The Answer of Suppose a firm with a production function given by Q = 4K^0.25L^0.75 produces 100 units of output. The firm pays a wage of $30 per units and pays a rental rate of capital of $10 per unit. (Note: ) The minimum cost of producing 100 units of output is: A) $3,000. B) $2,250. C) $800. D) $1,000.

Suppose a Firm with a Production Function Given by Q