Suppose the Number of Leather Bags Produced by a Certain $x ^ { 1 / 2 }$

question 4

Multiple Choice

Suppose the number of leather bags produced by a certain firm, utilizing x units of raw materials and y units of labor, is given by the formula f(x, y) = 10 $x ^ { 1 / 2 }$ $y ^ { 1 / 2 }$ . What happens to the production of bags if supplies of both raw materials and labor are tripled?

• A) Production is increased by a factor of 6.
• B) Production is increased by a factor of 9.
• C) Production is increased by a factor of 3.
• D) Production is increased by a factor of \(\sqrt { 3 }\) .
• E) none of these

---

Definitions:

Feedback Value

The information obtained from assessing a decision or process that is used to make improvements or adjustments.

Relevance

A characteristic of financial information that is capable of making a difference in the decisions made by users.

Decision Usefulness

The quality of financial information that helps users make informed decisions regarding investment, credit, and similar activities.

General Objective

The overarching, broad goal that guides decision making and strategy within an organization or project.