Question: Question 4. (20 points) Consider the following production function: y = [1/2K1/2 -1, suppose the prices of Labor and Capital are w and r respectively.

Question 4. (20 points) Consider the following production function: y = [1/2K1/2 -1, suppose the prices of Labor and Capital are w and r respectively. What are the firm's conditional input demand functions (amount of K and L as a function of w,r,y that minimizes the costs given the output)

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