Multiple Choice
Which of the following is the most reasonable production function for bicycles (b) made of frames (f) , handlebars (h) , seats (s) , and wheels (w) ? (Note: frames include pedals, gears, and other parts.)
A) b = min(f,h,s,w/2)
B) b = fhsw/2
C) b = min(f,h,s,2w)
D) b = max(f,h,s,w/2)
Correct Answer:
Verified
Correct Answer:
Verified
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