Question: Using the production function q = (21'1 + 22'9 for a manufacturing rm, where 21 denotes labor, 22 denotes capital and (1 denotes a constant

Using the production function q = (21'1 + 22'9\"\" for a manufacturing rm, where 21 denotes labor, 22 denotes capital and (1 denotes a constant parameter, derive the (i) conditional factor demand functions and (ii) cost function. If a/(a-l) = +1 then show that the cost function will take a very simple form. Briey explain how market regulators can make use of the cost function for this rm

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