Question: Suppose a rm is currently using the production function g (L, K) 2 LEE. where each workers wage is $13 and each piece of capital

Suppose a rm is currently using the production function g (L, K) 2 LEE. where each workers\" wage is $13 and each piece of capital costs $39 to rent. The rm would like to produce 96 units of output at the lowest cost possible. You'ye been provided with the following equations for MPL and MPK: llri'F'Lz'2 and MPK=2LK To produce 96 units of output at the lowest cost, the rm should use units of L and units of K. Your answer should include only numbers. Round to the nearest integer, if necessary. Their total cost of producing 96 units of output is $ . Do not include the $-sign in your answer: Round to the nearest integer. if necessary

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