Suppose that firm face the following production function: Q = 2L^1/2 K^1/2 and firm has K upper bar (is fixed) units of capital in short run. Suppose also that price of labor (W) is 16 and pricepf capital (r) is 1 and firm's objective output is 144. At what level K upper bar short run total cost would be equal to the long run total cost?
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