could you write the solution with pen and paper please? 14. The produced output of a certain good depends on the quantities q₁ and 92 used of two kinds ofraw materials. Suppose that the dependence is given by the production function Q = 2q₁2/392¹/3.(a) Find the equation of the isoproduction curve or isoquant (contour line of a production function)that contains the point (12, 1.5).(b) Rewrite this equation into an equation that gives 92 explicitly as a function of q₁.(c) Make a sketch of the isoquant in part a.(d) Find the point on the isoquant for which the value of q2 equals 16.

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Answered: The produced output of a certain good…

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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could you write the solution with pen and paper please?

14. The produced output of a certain good depends on the quantities q₁ and 92 used of two kinds of
raw materials. Suppose that the dependence is given by the production function Q = 2q₁2/392¹/3.
(a) Find the equation of the isoproduction curve or isoquant (contour line of a production function)
that contains the point (12, 1.5).
(b) Rewrite this equation into an equation that gives 92 explicitly as a function of q₁.
(c) Make a sketch of the isoquant in part a.
(d) Find the point on the isoquant for which the value of q2 equals 16.

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Thanks for answering, sub part a to c, could you do the sub part D please

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