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A firm has a production function of Q=0.25KL^0.5 the rental rate of capital is $100, and the wage rate is $25. In the short run,

A firm has a production function of Q=0.25KL^0.5 the rental rate of capital is $100, and the wage rate is $25. In the short run, K-IS fixed at 100 units.

a.What is the short-run production function?

b.What is the short-run demand for labor?

c.What are the firm's short-run total cost and short-run marginal cost?

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