Suppose Q = (KL)1/2 where K is fixed in the short - run. w is the wage and r is the price for capital per unit. The firm’s short - run fixed cost curve is:
a. rK
b. rK + wQ2/K
c. wQ2/K
d. Q2/K

Question

20-06-2024
Business

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Suppose Q = (KL)1/2 where K is fixed in the short - run. w is the wage and r is the price for capital per unit. The firm’s short - run fixed cost curve is:
a. rK
b. rK + wQ2/K
c. wQ2/K
d. Q2/K

Sagot :

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