Question: Production technology is q = K/2 L. What is the short-run cost function C if K =16. w = 6 and r = 3

Production technology is q = K/2 L. What is the short-run cost

Production technology is q = K/2 L. What is the short-run cost function C if K =16. w = 6 and r = 3 A.C = 48 + 1.5q B. C= 12 + 1.2q C. C = 32+ 2.5q D. C= 8 + 2q

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