[See] Continuing with the production function of problem 5, solve for marginal cost and average cost. q=min (α L, β K) Illustrate in a graph
Question: Continuing with the production function of problem 5, solve for marginal cost and average cost.
\(q=\min (\alpha L, \beta K)\)
Illustrate in a graph the \(\mathrm{MC}\) and AC curves associated with this production function assuming \(r\) and \(w\) are constant.
Deliverable: Word Document 
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