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Can I please get help with part 6 QUESTION 3 [20 marks] Irma's Handicrafts produces plastic deer for lawn ornaments. It's hard work, says Irma,

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Can I please get help with part 6

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QUESTION 3 [20 marks] Irma's Handicrafts produces plastic deer for lawn ornaments. \"It's hard work,\" says Irma, \"but anything to make a buck.\" Her production function is given by rm, 332) = [min {23:1, 332 \"1'2, where .151 is the amount of plastic used, 3:2 is the amount of labor used, and f[.'131,32'2) is the number of deer produced.3 1. [3 marks] Draw a production isoquant representing input combinations that will produce 4 deer. Draw another production isOquant representing input combinations that wiJl produce 5 deer. . [2 marks] Does this production function exhibit increasing, decreasing, or constant returns to scale? Explain. . [3 marks] If IIma faces factor prices (1,1), what is the cheapest way for her to produce 4 deer? How much does this cost? At the factor prices (1,1), what is the cheapest way to produce 5 deer? How much does this cost? . [3 marks] At the factor prices [1, 1), determine the cost function of producing y deer with this technology. . [4 marks] At the factor prices [m], m2), determine the cost function of producing y deer with this technology. . [5 marks] If Irma needs to pay a x cost of $F for the rent, at the factor prices [or], m2), write down the marginal cost function and the average cost function. At what amount of output is average cost minimized? At this level of output, how much is average cost

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