Question 1 (1 point) The firm is operating in the short run with the following production function: q = 2Lu. . The price of a unit of labour is $20 and the price of a unit of output is $100. The profit maximizing amount of labour chosen by the firm will be O a) 5 Ob) 25 O c) 10 O d) 100 Question 2 (1 point) At the cost minimizing levels of capital and labour for a given level of output, which of the following will hold for an interior solution? O a) MPK PK MPL w O b) MPL K MPK O c MPK W MPL PK O d) MPK