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    Microeconomics Theory with Applications
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    Exam 7: Production Cost: Many Variable Inputs
  5. Question
    If a Firm's Production Function Is F(z<sub>1</sub>,z<sub>2</sub>)= Z<sub>1 </Sub>+ Z<sub>2</sub>
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If a Firm's Production Function Is F(z1,z2)= Z1 + Z2

Question 64

Question 64

Multiple Choice

If a firm's production function is f(z1,z2) = z1 + z2, and if the price of z1 is $10 and the price of z2 is
$8, then the minimum cost of producing 10 units of output is:


A) $180.
B) $90.
C) $80.
D) $100.

Correct Answer:

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