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Solve it plzzzzz 8. Say that you are operating a firm that produces widgets using a, and x2 according to the following production function f

Solve it plzzzzz

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8. Say that you are operating a firm that produces widgets using a, and x2 according to the following production function f (x1, X2) = 3x1 + 3.2 The price of x1 is w1 = 1, and the price of x2 is w2 = 3. (a) State the firm's cost minimization problem if the firm wants to produce 9 units of output. (b) Solve the cost minimization problem above to find the cost minimizing levels of x, and x2, denoted of and x2. (c) Based on your answer to Part b, what is the minimum cost at which your firm can produce 9 units of output.8. Say that you are operating a firm that produces widgets using a, and x2 according to the following production function f (x1, X2) = 3x1 + 3.2 The price of x1 is w1 = 1, and the price of x2 is w2 = 3. (a) State the firm's cost minimization problem if the firm wants to produce 9 units of output. (b) Solve the cost minimization problem above to find the cost minimizing levels of x, and x2, denoted of and x2. (c) Based on your answer to Part b, what is the minimum cost at which your firm can produce 9 units of output

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