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A U . S . synthetic rubber manufacturer is considering moving its production to a Japanese plant. Its production function is: q = L 0

A U.S. synthetic rubber manufacturer is considering moving its production to a Japanese plant. Its production function is:
q=L0.50K0.50(basedon Flath, 2011).
In the United States, w=$10=r. At its Japanese plant, the firm will pay a 40% lower wage and a 40% higher cost of capital: w***=$7.14 and r***=14.00. What are L and K and what is the cost of producing q=100 units in both countries? (for all responses, enter a real number rounded to two decimal places) In the U.S.,L is
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