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A Firm Has a Production Function of , the Rental

Question 131

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A firm has a production function of A firm has a production function of , the rental rate of capital is $50, and the wage rate is $15. In the short run, Is fixed at 80 units. The short-run total cost function is TC = ____. A) 400 + (3Q/16) B) 400 + (Q/16) C) 3Q/16 D) 400 , the rental rate of capital is $50, and the wage rate is $15. In the short run, A firm has a production function of , the rental rate of capital is $50, and the wage rate is $15. In the short run, Is fixed at 80 units. The short-run total cost function is TC = ____. A) 400 + (3Q/16) B) 400 + (Q/16) C) 3Q/16 D) 400
Is fixed at 80 units. The short-run total cost function is TC = ____.


A) 400 + (3Q/16)
B) 400 + (Q/16)
C) 3Q/16
D) 400

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