Multiple Choice
Suppose a production function is q = K1/2L1/3 and in the short run capital (K) is fixed at 100. If the wage is $10 and the rental rate on capital is $20,the short run marginal cost is
A) 1000 + q3
B)
C) q3
D) 2q3
Correct Answer:

Verified
Correct Answer:
Verified
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