A Chinese high technology manufacturing firm has a production function of q = 13L^(.20)K^(.80)(based on Zhang, et al., 2012). It faces prices of w = $2 and r= $8. What are its short-run average variable and marginal cost curves? Let K be fixed in the short run. The firm's short-run average variable cost curve, AVC, as a function of K and q is AVC = $

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FIND AVC