As Assistant Vice President in Charge of Production for a Computer

Multiple Choice

As assistant vice president in charge of production for a computer firm, you are asked to calculate the cost of producing 170 computers.The production function is q = min{x, y} where x and y are the amounts of two factors used.The price of x is $18 and the price of y is $10.What is your answer?

A) $2,580
B) $4,760
C) $8,460
D) $6,180
E) None of the above.