Question: Afirm's production function is given by x : (mp/2. a. (8pts) Find the firm's conditional input demands. Verify that they are homogeneous of degree in

 Afirm's production function is given by x : (mp/2. a. (8pts)

Afirm's production function is given by x : (mp/2. a. (8pts) Find the firm's conditional input demands. Verify that they are homogeneous of degree in prices. b. (6pts) Find the firm's cost function. Verify that it is homogeneous of degree in prices. c. (6pts) Find the firm's short run supply function. Verify that it is homogeneous of degree in prices. Iiilli

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