2 Suppose that production for good X is characterized by the following production function, O = K0.5L0.5 where Kis the fixed input in the short run. If the per-unit rental rate of capital, r, is $25...

Extracted text: 2 Suppose that production for good X is characterized by the following production function, O = K0.5L0.5 where Kis the fixed input in the short run. If the per-unit rental rate of capital, r, is $25 and the per-unit wage, w, is $15, then the fixed cost of using 81 units of capital and 9 units of labor is: a. $135. b. $2,025. c. There is insufficient information to determine the fixed costs. d. $2,160.