Suppose That Nadine in Problem 1 Has a Production Function

question 8

Multiple Choice

Suppose that Nadine in Problem 1 has a production function 4x₁ + x₂. If the factor prices are $4 for factor 1 and $2 for factor 2, how much will it cost her to produce 70 units of output?

• A) $700
• B) $1,260
• C) $140
• D) $70
• E) $105

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Definitions:

Augmentative Communication Systems

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Intellectual Disability

A disability characterized by significant limitations in both intellectual functioning and in adaptive behavior, originating before the age of 18.

Dating Skills Program

Educational courses or interventions aimed at improving an individual's ability to engage in healthier, more fulfilling romantic relationships.