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Please Help Hannah and Sam run Moretown Makeovers, a home remodeling business. The number of square feet they can remodel in a week is described

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Hannah and Sam run Moretown Makeovers, a home remodeling business. The number of square feet they can remodel in a week is described by the Cobb-Douglas production function Q = F(L, K) Q : 101/05 K415, where L is their number of workers and Kis units of capital. The wage rate is $500 per week and a unit of capital costs $500 per week. Suppose that when initially producing 100 square feet a week, they use 10 units of capital. a. What is their short-run cost of remodeling 1,000 square feet per week? Instructions: Enter your answer as a whole number. 35 S b. What is their long-run cost of remodeling 1,000 square feet per week? Instructions: Enter your answer as a whole number. $E

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