5. A firm producing Hamburger has a production function given by: q = 2√KL. In the short run, the fir amount of capital is fixed at K= 100. The rental rate (v) is $1, and the wage rate (w) is $4. Determine whether Hamburger production function reflects increasing, decreasing, or constant retur to scale? b. Calculate the firm short run total cost curve C. What are the STC, SAC, and SMC for the firm if it produce 200 units of hamburger a.

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Q: ATC4 LRATO ATC ATC OUTPUT COST PER UNIT

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