173.Suppose a firm produces an output Q using labor L and capital K with production functionQ =10K^0.5 L^0.5. If the output is restricted to 200 units, price of labor is 10 birr per unit, the price of labor is 10 birr per unit and Price of capital is 40Birr per unit, and then determines the amount of L and K that should be employed at minimum cost. What is the minimum cost?
A. 800 B. 400 C. 600 D. 450
Ans. A
A. 800 B. 400 C. 600 D. 450
Ans. A