Question: (b) Suppose the production function is Q=4K 1/2 L. Find the conditional demands for K and L and the cost function, and show that Shephard's

(b) Suppose the production function is Q=4K^1/2L. Find the conditional demands for K and L and the cost function, and show that Shephard's Lemma holds for this cost function (and show only Shephard's Lemma, not the other properties!).

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