Question: If the production function is given by f left parenthesis x subscript 1 comma x subscript 2 right parenthesis equals x subscript 1 to the

If the production function is given by f left parenthesis x subscript 1 comma x subscript 2 right parenthesis equals x subscript 1 to the power of 1 third end exponent x subscript 2 to the power of 1 fourth end exponent. The cost of input 1 is 1 and the cost of input 2 is 6. What is the cost function? c left parenthesis y right parenthesis equals 12 left parenthesis y over 2 right parenthesis to the power of 7 over 12 end exponent c left parenthesis y right parenthesis equals 12 left parenthesis y over 2 right parenthesis to the power of 12 over 7 end exponent c left parenthesis y right parenthesis equals 14 left parenthesis y over 2 right parenthesis to the power of 7 over 12 end exponent c left parenthesis y right parenthesis equals 14 left parenthesis y over 2 right parenthesis to the power of 12 over 7 end exponent

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