quicklyy

Question A firm produces quantity q of break fitst cercal using labor L and capital K with the production function: 4=5LK Suppose that wage rate (w) is $6 and rental rate (v) is 56. 1. Does the production function have constant, increasing or decreasing return to seale? Show 30 aur mark 2. How many labors and capitals would minimize the cost of producing 960 units of output? Suppose that in the short run, the amount of capital input is fixed at (K=6) units, what is the tota cost of producing 90 units of output