Iris considers starting to produce tulip bulbs. Her production inputs are labor N (expressedin hours) and greenhouse area A (expressed in square meters). The price of one hour of laboris 400 SEK while a square meter of greenhouse area costs 100 SEK. The production functionfor tulip bulbs is given by q(N A) = 2 N A.a) State Iriss cost minimization problem and use it to derive the optimal quantities of N and Agiven the number of tulips produced.b) Derive Iriss total cost function.c) Derive the marginal cost function of producing tulip bulbs.d) Should Iris start production of tulip bulbs if the price is 100 SEK per bulb?