Question: please help 4. (8) A com producer is trying to minimize his cost. He uses two inputs to produce his com, labor (L) and capital
please help

4. (8) A com producer is trying to minimize his cost. He uses two inputs to produce his com, labor (L) and capital (K). He has to use 40 units of input he receive his guverumenml [nice supports. His cost function is given below: C = -4L2 + 40L 2K1 + 24K - 2LK +2000 What are Ihe values for L and K that will give this producer his minimum costs? What is the minimum cost he incurs? What is the value of lambda? What does this mean
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