Question: A rm's production function is Q{K,L) = am; where K > D and L > 0 are respectively. capital and labour costs. Unit capital and

A rm's production function is Q{K,L) = am; where K > D and L > 0 are respectively. capital and labour costs. Unit capital and labour costs are 4 and 1, respectively. What is the minimum total of input costs (that is. costs clue to capital and labour) if output 0 is to be 240 units? You may assume a minimum point exists. Round your answer to 2 decimal places

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