Suppose the Production Function for Coffee (C)is C = Min(B,W)where

question 26

Multiple Choice

Suppose the production function for coffee (C) is C = min(B,W) where B = beans in pounds and W = water in gallons and the price of water is $.10 per gallon and the price of beans is $10 per pound.The expansion path is

• A) B = 10W
• B) B = .1W
• C) B = W
• D) -10 = B + W

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