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Business, 18.03.2021 01:40 Aprillove7939

. Consider the data given in the problem above and assume that Hannah and Sam are currently remodeling 200 square feet each week. That is, their capital stock is fixed at the level that corresponds to the cost minimizing input combination for remodeling 200 square feet each week. And capital stock cannot be changed in short run while labor is completely variable. What is their short-runand long-run cost function?

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. Consider the data given in the problem above and assume that Hannah and Sam are currently remodeli...
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