Suppose a firms short-run production function is given by q
Suppose a firm's short-run production function is given by Q = F(L) = 10L. L stands for number of workers. If the wage rate is $15 and the firm has sunk costs of $1000 what is the firm’s total cost function? Total cost should be a function of Q.
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suppose a firms short-run production function is given by q fl 10l l stands for number of workers if the wage rate is
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