The production function for good y is y = max{10x1,4x2}, where x1 and x2 are the amounts of factors 1 and 2. Find the cost function for good y.

Name: The production function for good y is y = max{10x1,4x2}, where x1 and x2 are the amounts of factors 1 and 2. Find the cost function for good y.
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The Answer of The production function for good y is y = max{10x1,4x2}, where x1 and x2 are the amounts of factors 1 and 2. Find the cost function for good y.

The Production Function for Good Y Is Y = Max{10x1,4x2}