Suppose Pigs (P)can Be Fed Corn-Based Feed (C)or Soybean-Based Feed

question 30

Multiple Choice

Suppose pigs (P) can be fed corn-based feed (C) or soybean-based feed (S) such that the production function is P = 2C + 5S.If the price of corn feed is $4 and corn feed is on the horizontal axis,and the price of soybean feed is $5 and soybean feed lies on the vertical axis,what is expansion path?

• A) C = S
• B) S = C
• C) the horizontal axis
• D) the vertical axis

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