Multiple Choice
A firm's production function is given by . The marginal products of labor and capital are, respectively, and . The wage rate of labor is and the rental rate of capital is . The firm spends exactly in the most efficient way possible. How much output can the firm produce?
A) 450
B) 800
C) 1000
D) 1250
Correct Answer:

Verified
Correct Answer:
Verified
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