Question: = A cost-minimizing firm has a CRS production function q = f(x) = A(a12 + 022), where Q1 +Q2 = 1 r = 1 -

 = A cost-minimizing firm has a CRS production function q =

= A cost-minimizing firm has a CRS production function q = f(x) = A(a12" + 022"), where Q1 +Q2 = 1 r = 1 - 1 and 1.26. When facing with prices (W1, W2) = (1, 1), the firm uses 8 units of input 1 and 8 unit of input 2 to produce 13 units of output. Calibrate the production function, derive the conditional input demand functions x (w,Q) and the cost function ('* (w,Q). What are correct? Numerical results are rounded to the nearest 3-digit. Select one or more: Select one or more: O 2 (1.12, 1.06, 14.95) = 10.816 and C(1.12, 1.06, 14.95) = 20.046 21(0.93, 0.98, 12.61) = 8.019 and C(0.93, 0.98, 12.61) = 14.815 x(0.88, 1.09, 11.96) = 7.86 and C(0.88, 1.09, 11.96) = 12.963 O x1(1.01, 1.1, 11.44) = 7.427 and C(1.01, 1.1, 11.44) = 14.639

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