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OpenStudy (anonymous):
A firm producing hokey sticks has a production function given by Q=2√(K.L) Where: K= Capital inputs L= Labour inputs In the short run, the firm amounts of capital equipments is Fixed at K=100. The rental rate for capital is V=1.00 Shillings and the wage rate for L=4.00 shillings. Calculate the firms short run costs functions as well as the short run average costs Functions. What is the firms short run marginal costs.
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OpenStudy (anonymous):
some help please.
OpenStudy (anonymous):
exraven can you help on this?
OpenStudy (anonymous):
who can help me people.
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