Joepays his employees 8 an hour calculate joes total cost


Trapper Joe, the fur trader, has found that his production functionin acquiring pelts is given byq = 2pHwhere q = the number of pelts acquired in a day and H = the numberof hours Joe's employees spend hunting and trapping in one day. Joepays his employees $8 an hour. Calculate Joe's total cost curve (as a function of q).

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Business Economics: Joepays his employees 8 an hour calculate joes total cost
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