Homework Problems (Post Midterm): Question 1 Consider the CES technology f( X1, X2) = (a] x] + a2 xp2)(1/P). Show that it may be written as follows: f( X1, *2) = A(p) [bx] + (1-b)xP,)(1/) Question 2 Consider the technology described byy = 0 for x s 1 and y = Inx for x > 1. Calculate the supply and profit functions for this technology