Question: Margarita Robotics has a production function given by Q = K 0 . 5 L 0 . 5 * K is the monthly number of

Margarita Robotics has a production function given by Q=K0.5L0.5*K is the monthly number of hours of use of a precision lathe (capital), and L is the monthly number of machinist hours (labor). Suppose that each unit of capital costs $40, and each unit of labor costs $10. In the short run, K is fixed at 16,000 hours. What is the short run total cost function?
TC=640,000+0.000625Q2
TC=640,000+0.0000625Q2
TC=16,000+0.0000625Q2
TC=320,000+0.625Q2
Margarita Robotics has a production function

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