Table 1. Production functions of a firm given various combinations of kapital and labor inputs soguant 1 soquant 2 soquant 3 Kapital Labor kapital 2 labor2 kapital labor 11 2 13 4 15 6 8 1 10 3 12 5 2 7 4 9 6 3 3 5 5 7 7 2.3 4.2 6 6.2 8 1.8 3.5 7 5.5 9 1.6 6 3.2 8 5.3 10 1.8 3.5 9 5.5 11 1. Given three production functions for a firm operating in longrun capacity, identify which production function gives optimal production given the capital outlay in Table 2. [10 points] 2. Identify how much to spend for labor and kapital in order to maximize production [10 points] 3. Graph the equilibrium condition. [10 points] Table 2. Total Cost Outlay function of the firm for various combinations of labor and kapital Labor kapital total outlay 0 10 10 1 9 10 2 10 3 10 4 10 10 NW AUT O V 10 10 10