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 is the monthly number of hours of use of a precision lathe capital and is the monthly number of machinist hours labor Suppose that each unit of capital costs $ and each unit of labor costs $ In the short run, is fixed at hours. What is the short run total cost function?
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