Touchie McFeelie's Production Function for Comic Books Is (0

question 34

Multiple Choice

Touchie McFeelie's production function for comic books is (0.1) J^1/2 J^3/4, where J is the number of jokes and L is the number of hours of cartoonists labor that he uses.If Touchie can vary both jokes and cartoonists' labor and if old jokes cost $2 each and cartoonists' labor costs $18 per hour, then the cheapest way to produce comics books requires using jokes and labor in the ratio J/L =

• A)3.
• B)12.
• C)9.
• D)2/3.
• E)6.

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