Suppose That Nadine in Problem 1 Has a Production Function

question 20

Multiple Choice

Suppose that Nadine in Problem 1 has a production function 5x₁ + x₂. If the factor prices are $10 for factor 1 and $3 for factor 2, how much will it cost her to produce 70 units of output?

• A) $1,960
• B) $3,710
• C) $140
• D) $210
• E) $175

---

Definitions:

Openness to Experience

A personality trait that features the willingness to try new things and be open to new and diverse experiences.

Relationship Satisfaction

The level of contentment and fulfillment individuals feel in their personal relationships.

Self-Control

The skill to control personal emotions, thinking, and conduct amid temptations and sudden urges.

Dark Triad

A combination of three negative traits: psychopathy, Machiavellianism, and narcissism.