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The Production Function for Drangles Is F (X1, X2)= (Min{x1

Question 34

Multiple Choice

The production function for drangles is f (x1, x2) = (min{x1, 3x2}) 1/2, where x1 is the amount of sugar and x2 is the amount of dough used.At the factor prices, w1= w2 = $1, the minimum cost of producing y drangles is


A) 4y1/2.
B) (3/4) y1/2.
C) (3/4) y2.
D) (4/3) y2.
E) None of the above.

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