The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 5 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Please do the exercise below and explain precisely how I can do it alone (step by step).
Â
Cost
3.-Â The production function of a company is given by the following expression:
 q (K;L) = 10K⅓ . L¾
 In short term there´s only 9 units of capital (K = 9). The price per unit of capital is 8 and  the price each unit of work is 5.
 a) Get the cost function of the company
-----------