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Fredrik sells lemonade in Stockholm. His cost function is (1,2,)=2w 1 1/2 w 2 1/2 y 3/2 , where is the number of units of

Fredrik sells lemonade in Stockholm. His cost function is (1,2,)=2w₁^1/2w₂^1/2y^3/2, where is the number of units of lemonade produced.

(a) If lemons cost $1 per pound, the wage rate is $1 per hour, and the price of lemonade is , what is Fredriks marginal cost function and supply function?

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