Touchie McFeelie from Your Workbook Has a Production Function (0

question 21

Multiple Choice

Touchie McFeelie from your workbook has a production function (0.1) J^1/2 J^3/4, where J is the number of old jokes used and L is the number of hours of cartoonists' labor.Touchie is stuck with 400 old jokes for which he paid 6 dollars each.If the hourly wage rate for cartoonists is 4 dollars, then the total cost of producing 16 comics books is

• A)2,464 dollars.
• B)1,232 dollars.
• C)2,480 dollars.
• D)3,696 dollars.
• E)616 dollars.

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