Question: Consider again Worked-Out Problem 8.6 (page 271) but assume that a unit of capital costs $1,000 per week and that Hannah and Sam are initially

Consider again Worked-Out Problem 8.6 (page 271) but assume that a unit of capital costs $1,000 per week and that Hannah and Sam are initially remodeling 200 square feet per week. What are the short-run and long-run cost functions if capital is fixed in the short run, but variable in the long run?

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