The QuickBuild Company builds houses {DJ in the Lower Mainland. It combines capital {K} and labour {L} in its production function in the following way: C1[K,L) = l'QmL\"3 Labour cost: w = 58 Capital rental cost: U = 58 A. What do we call this form of production function? E. According to its production function, what returns to scale does QuickBuild enjoy? Demonstrate. What happens to output when l[luickBuild doubles the amount of capital and labour used? C. QuickBuild wants to build 12 homes. What is its costminimizing choice of Capital and Labour? [Hint What is the objective function? What is the constraint?) D. Write out QuickBuild's cost equation. How much does it cost QuickBuild to build the 12 homes