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4.Suppose that the MP1= SD and the per unit priee of labor is 25. The MPk = Ill-t] and the per unit price of capital

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4.Suppose that the MP1= SD and the per unit priee of labor is 25. The MPk = Ill-t] and the per unit price of capital is 25. a. Is this rm minimizing the cost of prooueing a given level of output? Explain your answer using numbers from above. b. If the rm is not minimizing the cost of producing the given amount of output, what should this rm do? Explain. e. Depiet in a graph what is happening as the rm moves from its original position to its ultimate nal position. He sure to label your isoquant and isoeost lines clearly, along with the approptiate intercepts For both the K and L axis

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