Consider Mcdonald's production function for tasty Jr Chickens: ~ JC = 50(K~(1/2) + L~[1/2)) MPK = 25/K~(1/2) MPL = 25/L~(1/2) Presume we are initially in the long run. h. Derive the long-run and short-run cost function. i. If Mcdonald's marginal cost curve is given by MC = JCrw/1,250(w+r). Find the supply function. Compare this to your answer in d.