Question: Suppose that the production function for your firm is given by: F(L,K) = L ^(1/4) K^(1/2) . w=2 and r=4. In the long-run, how many

Suppose that the production function for your firm is given by: F(L,K) = L ^(1/4) K^(1/2) . w=2 and r=4.

In the long-run, how many workers and capital should you hire in order to produce Q units of output?

a. L*=Q, K*=Q

b. L*= Q^3 , K*= Q^3

c. L*= Q^3/4, K*= Q^3/4

d. L*= Q^4/3, K*= Q^4/3

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