Question: 2. Suppose we have the following production function q = min {6L, 30K). Prices for K and I. are 30 and 6 respectively. First find

2. Suppose we have the following production function q = min {6L, 30K). Prices for K and I. are 30 and 6 respectively. First find and graph the equation for the long run cost function. Then find and groph the equation for the short run cost function for a fixed capital of 10.)

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