Nadine Has a Production Function 4x1 + X2

question 42

Multiple Choice

Nadine has a production function 4x1 + x2. If the factor prices are $12 for factor 1 and $2 for factor 2, how much will it cost her to produce 30 units of output?

• A) $795
• B) $60
• C) $90
• D) $1,500
• E) $75

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Definitions:

Rods

Photoreceptor cells in the retina that are sensitive to low light levels, responsible for black-and-white vision.

Semicircular Canals

Structures in the inner ear that are part of the vestibular system, helping to maintain balance by sensing head rotation.

Otoliths

Small calcified structures found in the inner ears of vertebrates, important for balance and hearing.

Rod Photoreceptors

Cells in the retina of the eye responsible for vision in low light conditions.