Question: A firm faces a production function: y = 5ke. In the short run, capital is a fixed input, k= 49. The prices of capital

A firm faces a production function: y = 5ke. In the short run, capital is a fixed input, k= 49. The prices of capital and labor are p = 4 and Pe 6. Derive the firm's short run cost function to produce y units of output: c(y).

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