Suppose that a firm uses both labor (L) and capital (K) as inputs.The firm's long-run production function is Q = F(L,K) = 5√L√K.If the firm has 100 units of capital,what is its short-run production function?
A) Q = F(K) = 50√K
B) Q = F(L) = 500√L
C) Q = F(L,K) = 50√L√K
D) Q = F(L) = 50√L
Correct Answer:
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