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Suppose that the production function for Hannah and Sam’s home remodeling business is Q=F(L,K) Q=10L^0.2K^0.3. The...

Suppose that the production function for Hannah and Sam’s home remodeling business is Q=F(L,K) Q=10L^0.2K^0.3. The wage rate is $1,500 per week and the cost of renting a unit of capital is $1,000 per week.

What is their cost function? Instructions:

Enter your answer as a whole number. C(Q) = Q2.

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