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

question 13

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.The expansion path depends

• A)on the price of corn-based feed only.
• B)on the price of soybean-based feed only.
• C)on neither the price of corn-based or soybean-based feed.
• D)on whether the price of corn-based feed is greater than or less than 2/5 the price of soybean-based feed.

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