Question: Suppose the production function for steel is K + 2 L , where K is the amount of capital and L is the amount of

Suppose the production function for steel is K+2L, where K is the amount of capital and L is the amount of labor.
a. Draw the isoquant for steel at 100 units of output when labor is measured on the horizontal axis. (2)
b. Suppose capital costs $2 per unit while labor costs $1 per unit. Find the conditional factor demand functions (that is, solve the firm's cost minimization problem for any level of output q).(2)
Suppose the production function for steel is K +

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