Bridget's Brewery long-run cost function is: 
where q is the number of units produced and A is the years of experience of Bridget's Chief Brewer. If Bridget plans on brewing 200 units per period, how much will costs be reduced initially by hiring a brewer with 16 years of experience versus a brewer with 1 year of experience?
Definitions:
Interest Period
The span of time over which interest is calculated and charged on loans or investments.
Discount Amortization
The gradual write-off of the discount amount on bonds payable over the life of the bond to accurately reflect interest expense over time.
Straight-Line Method
A method of calculating depreciation of an asset by evenly spreading the cost over its useful life.
Bond Interest Expense
The cost incurred by an issuer of bonds for paying interest to bondholders, typically recognized over the life of the bonds.
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