The prices of input (x1,X2,X3,X4) are (4, 1, 3, 2) a. If the production function is given by f(x1,x2) = min{x1,x2}, what is the minimum cost of producing one unit of output? b. If the production function is given by f(x1,x2) = x3 + X4, what is the minimum cost of producing one unit of output?

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