Touchie MacFeelie's Production Function Is , Where J Is

question 4

Multiple Choice

Touchie MacFeelie's production function is , where J is the number of old jokes used and L is the number of hours of cartoonists' labor. Touchie is stuck with 1,600 old jokes for which he paid 3 dollars each. If the wage rate for cartoonists is 2 dollars, then the total cost of producing 108 comics books is

• A) 2,481 dollars.
• B) 5,070 dollars.
• C) 4,962 dollars.
• D) 7,443 dollars.
• E) 1,240.50 dollars.

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