menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Microeconomics Study Set 1
  4. Exam
    Exam 17: Technology-Part A
  5. Question
    A Firm's Production Function Is F(x<sub>1</sub>, X<sub>2</sub>)= X<sub>1</sub> + 2x<sub>2</sub>
Solved

A Firm's Production Function Is F(x1, X2)= X1 + 2x2

Question 1

Question 1

True/False

A firm's production function is f(x1, x2)= x1 + 2x2.This means that x2 is twice as expensive as x1.

Correct Answer:

verifed

Verified

Related Questions

Q2: A firm has the production function f(x<sub>1</sub>,

Q3: A firm has a production function f(x,

Q4: It is possible to have decreasing marginal

Q5: If the production function is f(x, y)=

Q6: Which of the following production functions exhibit

Q7: The UJava espresso stand needs two inputs,

Q8: A firm uses 3 factors to produce

Q9: A firm has two variable factors and

Q10: If there is one input used in

Q11: A firm has the production function f(x<sub>1</sub>,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines