Suppose that a firm's production function is given by q = min(5k, 10l) and that the rental rates for capital and labor are given by r=1 and w=3. (a) calculate the firm's long-run total, average and marginal cost curves. (b) suppose that k is fixed at 10 in the short run. calculate the firm's short-run total, average and marginal cost curves.

your answer is a

step-by-step explanation:

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c. y = 1/4 x + 5

step-by-step explanation:

first, put the equation of the line on the graph into slope-intercept form

(y = mx + b):   y = -4x + 8

second, a perpendicular line has to have "an opposite/reciprocal slope" to the original slope. so, find the "m" value in your original equation (it's -4, right? )

original slope: m = -4   perpendicular slope: change the sign to its opposite and find the reciprocal ("flip" the number)

new slope is now positive (b/c the original slope was negative 4), and it's 1/4 (not the original slope of 4 or 4/1)

it is x equals 3   plese mark me really need it

step-by-step explanation:

savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation: