Essay
The McCue Corporation is a house-painting business. For a standard-sized house, it will use 4 painters applying paint by brush or two painters applying paint with 1 paint sprayer. Assume that a paint sprayer can be rented for $50 per day while workers are paid $75 per day. The production function exhibits constant returns to scale. The long-run production function for McCue Corporation will be _____ with a total cost equation of _____.
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