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Need as much details as possible. Microeconomics. This is an exam question, so this is everything...

Need as much details as possible. Microeconomics.

This is an exam question, so this is everything that I have.

Seller B has a production function F(L,K)=L0.5+K0.5. If w=r=2, what is the cost function of the producer?

a. TC(q)=2q2 + 10

b. TC(q)=2q2

c. TC(q)=0.5q2

d. TC(q)=q2

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Answer #1

7 0 0.S1 MR TS MR O-SKOS t aptnglity MKTS= 60 a + k ckeb 7 0 7 7 02 2. 2 Ans is D

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