Question: Please show work by using Cobb Douglas function to solve for long run costs A firm has a production function of the form: Q=2K0.3L0.2 And

Please show work by using Cobb Douglas function to solve for long run costs

A firm has a production function of the form: Q=2K0.3L0.2 And faces input costs of r=2,w=4 What is the cost of producing 7 units? 63.367 margin of error +/0.1

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