Hi there! Problem PS5.3.2 is an extension of the first question. Would you be able to walk me through these answers?

1 point possible (graded) Kendall Square Inc makes and sells ramen to the large number of students around MIT. Kendall Square Inc uses the production function F (K, L) = (K + 2L) 3 . Input prices are w = 2 and r = 3 for labor and capital respectively. It operates in a perfectly competitive environment facing a price p = $48, and uses an initial amount of capital K - 12. Compute the firm's short-run cost function. To verify that you have the correct short-run cost function, calculate the short-run cost of producing 8 units of ramen. C (8) = Submit You have used 0 of 2 attempts Save Problem PS5.3.2 0.0/1.0 point (graded) What is the optimal output level for Kendall Square, Inc in the short run? g* What are its profits? Submit You have used 0 of 2 attempts Save