Derive the expression for the long-run total cost, Microeconomics

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Derive the expression for the long-run total cost

Problem

A firm has the linear production function Q = 3L + 5K, with MP_L = 3 and MP_K = 5. Derive the expression for the long-run total cost that the firm incurs, as a function of Q and the factor prices, w and r.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Derive the expression for the long-run total cost

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Microeconomics: Derive the expression for the long-run total cost

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