Let a firm's production function be Q = 2 K^1/2L^1/2, where MPL= (K/L)^1/2and MPK= (L/K)^1/2. Let the wage rate for labor bew= 1 and the rental rate of capital be r =1.

A.What is the kind of this production form ?

B.Define the type of return to scaleof the production function and explain what it means?.

C.What is the cost minimizing usage of capital and labor if the firm wishes to produce 50 units of output?

What is a total cost of producing 50 units?