What is the long-run cost function for a fixed-proportions production function when it takes two units of labor and four units of capital to produce one unit of output? Describe the long-run cost curveLOADING Multiply the inputs by their prices and sum to determine total cost. Let w be the cost of a unit of labor and r be the cost of a unit of capital. The long-run cost function C(q) for the fixed-proportions production function in terms of w, r, and q is

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.