Q 1) For the following quadratic production function for production of an output Y, using two variable inputs, X1 and X2 : Y=18X down1-X1power2+14Xdown2-X2power 2 derive the isoquant equation for this production function by solving for X1.
Show your work clearly and do not omit important steps
Q 2 ) Derive the marginal criterion for profit maximization for a farm business as a function of output. Explain each of the terms in the marginal criterion you have derived.