A firm uses labor (L) and capital (K) to produce rocking chairs (Q) with the following production function Q=LK. The wage (w) is $10 and the rate of capital (r) is $20. The target number of rocking chairs to produce is 800. It is the short run and the amount of K is fixed at 5. What the optimal values for L* and K* in the short run? Enter the number for the the optimal amount of L in the short run? Enter the number for the the "optimal" amount of K in the short run? Question 12 1 pts You just calculated the long-run and short-run optimal inputs for a situation. What do you expect to be true about the short-run total cost relative to the long-run total cost at each optimal solutions. O The short-run total cost should be equal to the long-run total cost O The short-run total cost should be greater than the long-run total cost The short-run total cost should be less than the long-run total cost