Multiple Choice
Al's production function for deer is f(x1, x2) = (2x1 + x2) 1/2, where x1 is the amount of plastic and x2 is the amount of wood used.If the cost of plastic is $8 per unit and the cost of wood is $1 per unit, then the cost of producing 7 deer is
A) $49.
B) $119.
C) $196.
D) $7.
E) $28.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: the production function is f(L, M)= 4L<sup>1/2</sup>
Q3: Suppose that in the short run, the
Q4: Al's production function for deer is f(x<sub>1</sub>,
Q5: suppose that a new alloy is invented
Q6: the production function is f(L, M)= 4L<sup>1/2</sup>
Q7: Suppose that Nadine has a production
Q8: the production function is f(L, M)= 4L<sup>1/2</sup>
Q9: Two firms, Wickedly Efficient Widgets (WEW)and Wildly
Q10: Al's production function for deer is f(x<sub>1</sub>,
Q11: Suppose that in the short run, the