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

Recognize the role of rewards in learning and behavior modification.

Comprehend the concepts of latent learning, place learning, and spatial orientation.

Appreciate the cognitive mapping processes and their biological underpinnings.

Identify the distinctions between behavior-reinforcement beliefs and expectancies.

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