Question: Question 2 Light Joy Sdn Bhd sells carpentry tools (Q) for RM40 per set. It hires per unit of labor (L) and capital (K) at

Question 2 Light Joy Sdn Bhd sells carpentry tools (Q) for RM40 per set. It hires per unit of labor (L) and capital (K) at RM55 and RM90 respectively. Given the production function as below: Q = 105KSLO Compute the optimal inputs combination given the current production (Q) = 7560 and the average cost of production. (10 marks)

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