1) There are two factors and the production function is F(x1,x2)=Min{a1x1,a2x2} A) Draw the unit isoquant in the x1,x2 plane. B) Calculate x(w1,w2,1) and c(w1,w2,1) where x(w1,w2,1)=(x1(w1,w2,1),x2(w1,w2,1)) is the conditional factor demand for producing one unit and c(w1,w2,1) is the minimum cost of producing one unit. C) Verify that Shepherd's lemma holds in this case. 1) There are two factors and the production function is F(x1,x2)=Min{a1x1,a2x2} A) Draw the unit isoquant in the x1,x2 plane. B) Calculate x(w1,w2,1) and c(w1,w2,1) where x(w1,w2,1)=(x1(w1,w2,1),x2(w1,w2,1)) is the conditional factor demand for producing one unit and c(w1,w2,1) is the minimum cost of producing one unit. C) Verify that Shepherd's lemma holds in this case