Problem regarding the production function

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Suppose that Nadine has a production function 4x1 + x2. If the factor prices are $4 for factor 1 and $2 for factor 2, how much will it cost her to produce 70 units of output?

Reference no: EM131277957

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Problem regarding the production function : Suppose that Nadine has a production function 4x1 + x2. If the factor prices are $4 for factor 1 and $2 for factor 2, how much will it cost her to produce 70 units of output?
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