A firm produces output according to the production function,q = L^4/3K^1/2 and faces input prices equal to w = $20 and r = $80.What is the minimum cost of producing 1140 units of output? A) Cost = $780 B) Cost = $694 C) Cost = $2,071 D) Not enough information is given to answer this problem.

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The Answer of A firm produces output according to the production function,q = L^4/3K^1/2 and faces input prices equal to w = $20 and r = $80.What is the minimum cost of producing 1140 units of output? A) Cost = $780 B) Cost = $694 C) Cost = $2,071 D) Not enough information is given to answer this problem.

A Firm Produces Output According to the Production Function,q =