Suppose that a firm's production function can be specified as $Q = 10 K L$ . Which of the following accurately describes this firm's long run total cost function?
A) $Q / 10 \mathrm {~K}$

B) $Q / 10 L$
C) $2 \sqrt { rw Q / 10 }$
D) $2 \sqrt { 10 Q / r w }$

Question

Suppose that a firm's production function can be specified as $Q = 10 K L$ . Which of the following accurately describes this firm's long run total cost function?
A) $Q  / 10 \mathrm {~K}$

B) $Q / 10 L$
C) $2 \sqrt { rw Q / 10 }$
D) $2 \sqrt { 10 Q / r w }$

Quizplus · Accepted Answer

The Answer is C

Suppose That a Firm's Production Function Can Be Specified As Q