Assessment Question 5/10
Which of the following statements is TRUE?
If there is a mistake on one of your bank accounts,
there is nothing you can do about it.
If there is a mistake on one of your bank accounts,
you should wait 30 days as these issues tend to
resolve themselves.
If there is a mistake on your bank account you
should contact your financial institution
immediately
None of the above.

(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?