Question: empted: 0/45 Consider the production function of widget: Q = 21K08204 where Q is units of output per month, Kis hours of capital and Lis

empted: 0/45 Consider the production function of widget: Q = 21K08204 where Q is units of output per month, Kis hours of capital and Lis hours of labour. Capital can be rented at $107 per hour, and labour can be hired at $23 per hour. What is the minimum cost for an output of 4000 units? Answer: (DO NOT ROUND YOUR CALCULATIONS UNTIL YOU REACH THE FINAL ANSWER. ENTER YOUR RESPONSE ROUNDED TO 2 DECIMAL PLACES, AND NO SEPARATOR FOR THOUSANDS)

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