Suppose that in the short run, the firm which has production function F(L, M) = 4L^1/2M^1/2 must use 9 machines.If the cost of labor is $10 per unit and the cost of machines is $4 per unit, the short-run total cost of producing 60 units of output is

A) $420.
B) $600.
C) $240.
D) $572.
E) $286.

Short-Run Total Cost

The sum of all expenses, including both constant and flexible, associated with the production of goods or services over a short period.

Production Function

A mathematical model depicting the relationship between input factors and the output of goods or services.

Labor

The exertion of physical or mental capacities by individuals in the creation of products and services.