a. What is the amount of labour and capital the firm should employ in order to maximize profit. b. What is the maximum profit? 2. A firm, focusing on producing soft drinks has a demand function 40 = 35 - 0.5P. If the fixed cost is 50 and variable cost per unit function is 40 - 51 + 320 Where Q is number of soft drinks produced and P is the price per soft drink: a. Determine the number of soft drinks that maximizes the company's profit. b. How much should the firm charge for one soft drink? c. Find the total profit at the profit maximizing level of output. d. Using the own price elasticity of demand, comment on the firm's pricing policy options