Nadine Has a Production Function 2x1 + X2

question 12

Multiple Choice

Nadine has a production function 2x1 + x2.If the factor prices are $8 for factor 1 and $5 for factor 2, how much will it cost her to produce 70 units of output?

• A)$1,470
• B)$280
• C)$350
• D)$910
• E)$315

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Definitions:

Gametophyte

The phase in plants and algae's life cycle that generates gametes via mitosis, associated with reproduction.

Bud

An undeveloped shoot that develops into flowers, stems, or leaves. Buds are enclosed in bud scales; see Axillary Bud and Terminal Bud.

Coevolution

The reciprocal adaptation of two or more species that occurs as a result of their close interactions over a long period.

Bat-pollinated

Refers to plants that are primarily pollinated by bats, a process crucial for the reproductive success of certain plant species.