Suppose a production function is q = K1/2L1/3 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 production function is
A) q = 10L1/3
B) q = 100L1/3
C) q = L1/3
D) q = 100
Correct Answer:
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