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 fixed cost is A) $2,000 B) $200 C) $20,000 D) $0

Question

Quizplus · Accepted Answer

The Answer of 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 fixed cost is A) $2,000 B) $200 C) $20,000 D) $0

Suppose a Production Function Is Q = K1/2L1/3 and in the Short

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