Question: Question 7 (1 point) Saved The production function is f L, M - AL Z M 2, where I is the number of units of

Question 7 (1 point) Saved The production function is f L, M - AL Z M 2, where I is the number of units of labor and MV is the number of machines. If the amounts of both factors can be varied and if the cost of labor is $64 per unit and the cost of using machines is $1 per machine, then the total cost of producing 20 units of output is 80 650 1 40 20 320

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