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A firm can produce widgets as follows: q = 6KL In the short run, capital is fixed at 3 units , the wage rate is

A firm can produce widgets as follows:q = 6KL

In theshort run,capital is fixed at 3 units, thewage rate is $9and therental rate on capital is $20.

A) Calculate the short run total costfunction.

B) Using the total cost function you derive in (a), calculate (and show your work) the total cost of producing 100 widgets in the short run.

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