Question 1:A candidate for the Democratic presidential primary is trying to determine the most effective combination of TV and newspaper ads to win votes. They determine that can produce votes using the following function:Votes=300TV0.6NP0.2, where TV represents the number of TV ads and NP represents the number of newspaper ads. A television ad costs $400 and a newspaper ad costs $250. They have $6000 to spend on ads.

1. (a)Show a figure showing the budget constraint the candidate faces with good NP on the x-axis and TV on the y-axis.
2. (b)What are the marginal product of a newspaper and a TV ad?
3. (c)If the candidate needs 1,800 votes to win, what is the lowest-cost combination of newspaper and TV ads that will bring them victory? Are they under budget?
4. (d)What is the additional cost of securing one hundred more votes? Are they under budget?
5. (e)Does the production function for votes exhibit constant returns to scale? If now explain why.