Suppose That in the Short Run, the Firm Which Has

Multiple Choice

Suppose that in the short run, the firm which has production function F(L, M) = 4L^1/2M^1/2 must use 9 machines.If the cost of labor is $7 per unit and the cost of machines is $9 per unit, the short-run total cost of producing 96 units of output is

A) $1,058.
B) $672.
C) $864.
D) $768.
E) $529.