The McCue Corporation Is a House-Painting Business

Essay

The McCue Corporation is a house-painting business. For a standard-sized house, it will use four painters applying paint by brush or two painters applying paint with one 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 _____.