e) Draw curves for average cost (AC), average variable cost (AVC), marginal cost (MC), and average fixed cost (AFC) for the functions (i) C = q² +q and (ii) C = q² + q + 10, where C is total cost and...

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Extracted text: e) Draw curves for average cost (AC), average variable cost (AVC), marginal cost (MC), and average fixed cost (AFC) for the functions (i) C = q² +q and (ii) C = q² + q + 10, where C is total cost and q is output. ) Consider cost min problem for a given Cobb-Douglas production. Find minimum value function/cost function. Also, find out conditional demand functions for inputs. %3D g) Define elasticity of substitution and find it for the production function q [Ka + L]. Also, when the calculated elasticity of substitution converges to infinity and one. Interpret! h) Given the production function in part (g), find out the profit function, output supply function, and input demand functions.