A firm makes a product Q using labor (L) and capital (K) using the production function Q = 2L + K. The wage is equal to $5 and the rental rate of capital is equal to $10. The firm is currently producing 20 units of Q using the long-runoptimal inputs of 10 units of L and zero units of K.

a) Find the intercepts for the isoquant that is associated with the long-run optimal inputs.

L-intercept=____ and K-intercept=____

b) What is the total cost of producing these units? Total cost=$____

c) Find the intercepts for the isocost curve that is associated with the long-run optimal inputs.L-intercept=____ and K-intercept=____