Need help with the question below.

3. American Bed Company {ABC} uses L and K to produce their beds. It is known that L and K are perfect complements in production 1 :1 ratio {i.e. each machine or K, MUST be operated by exactly ONE worker or L}. The price of L and L are $111 and $911. respectively. ABC has an operation budget {total cost} of $1.1 million. a] |Graphically illustrate ABC's optimm choice. Clearly show all the important pointsa'aspects (many of which actual numerical solution is possible}. Show computations. b] Suppose under the threat of a Labor Union strike, ABC is forced to increase it's pay for L to $21}. Graphically show the effect. Be sure to distinguish between the out and substitution effects. c] If ABC wants to maintain its original production level, how much operation budget do they need to increase by?r d] Mathematically derive ABC's demand for L function. At the new price levels (PL = $211, PK = $911, and TC = 51.1 million], compute the elasticity of demand {for L} and the cross-price elasticity of demand