Multiple Choice
Ben runs a cookie factory.His cookies are made with sugar, peanut oil, and soybean oil.The number of boxes of cookies that he produces is f (su, po, so) = min{su, po + 2so}, where su is the number of bags of sugar, po the number of canisters of peanut oil, and so the number of canisters of soybean oil that he uses.The price of a bag of sugar is $12.The price of a canister of peanut oil is $6.The price of a canister of soybean oil is $19.If Ben makes 254 boxes of cookies in the cheapest way possible, how many canisters of soybean oil will he use?
A) 169.33
B) 127
C) 0
D) 84.67
E) 42.33
Correct Answer:

Verified
Correct Answer:
Verified
Q50: The conditional factor demand function for factor
Q51: A firm with the production function f
Q52: A firm has production function f (x1,
Q53: Roberta runs a dress factory.She produces 50
Q54: If output is produced according to Q
Q56: The law firm of Dewey, Cheatham, and
Q57: The editors at Snoozeweek, a news magazine,
Q58: A firm uses a single variable input
Q59: Rocco's Pasta Bar makes manicotti according to
Q60: If it costs $20 to set up