Suppose a Production Function Is Q = K^1/2L^1/3 and in the Short

question 22

Multiple Choice

Suppose a production function is q = K^1/2L^1/3 and in the short run capital (K) is fixed at 100.If the wage is $10 and the rental rate on capital is $20,the short run average cost is

• A) SAC =
• B) SC = + 10q²
• C) SC = 2000/q
• D) SC = q²

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