A competitive firm uses two inputs, x and y.Total output is the square root of x times the square root of y.The price of x is $17 and the price of y is $11.The company minimizes its costs per unit of output and spends $517 on x.How much does it spend on y?
A)$766
B)$480
C)$655
D)$517
E)None of the above.

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The Answer of A competitive firm uses two inputs, x and y.Total output is the square root of x times the square root of y.The price of x is $17 and the price of y is $11.The company minimizes its costs per unit of output and spends $517 on x.How much does it spend on y?
A)$766
B)$480
C)$655
D)$517
E)None of the above.

A Competitive Firm Uses Two Inputs, X and Y