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  3. q = k^1/2 l^1/2 p=$20, v=$8, w=$4 a) suppose k= 16

q = K^1/2 L^1/2 p=$20, v=$8, w=$4 a) suppose k= 16, find short-run total and marginal...

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Economics

q = K^1/2 L^1/2 p=$20, v=$8, w=$4

a) suppose k= 16, find short-run total and marginal costs, andalso firm supply function. Find the price that the firm shuts downits production.

b) find firm profit maximization demand function and short-runsupply function

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