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{"ops":[{"insert":"Pizza My Kidney requires both labor (L) and capital (K) to make pizzas. Labor costs $4 per unit and capital costs $1.50 per unit. The production function for this company is F (L,K) = L^3\/4 K^1\/5. If capital is fixed in the short-run at 32 units, what is the minimum cost required to produce 54 units. \n"}]}
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