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If a Firm's Production Function Is F(z1,z2)= Z1 + Z2

Question 21

Multiple Choice

If a firm's production function is f(z1,z2) = z1 + z2, its minimum cost of producing y units of output is:


A) y min(w1,w2) .
B) y(w1 + w2) .
C) y(w1 + w2) /2.
D) yw1, if w1 < w2.

Correct Answer:

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