If a firm's production function is f(z₁,z₂)= z₁+ z₂, its minimum cost of producing y units of output is: A)y min(w₁,w₂). B)y(w₁+ w₂). C)y(w₁+ w₂)/2. D)yw₁, if w₁

Question

If a firm's production function is f(z₁,z₂)= z₁+ z₂, its minimum cost of producing y units of output is: A)y min(w₁,w₂). B)y(w₁+ w₂). C)y(w₁+ w₂)/2. D)yw₁, if w₁< w₂.

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The Answer of If a firm's production function is f(z₁,z₂)= z₁+ z₂, its minimum cost of producing y units of output is: A)y min(w₁,w₂). B)y(w₁+ w₂). C)y(w₁+ w₂)/2. D)yw₁, if w₁< w₂.

If a Firm's Production Function Is F(z1,z2)= Z1 + Z2

If a Firm's Production Function Is F(z₁,z₂)= Z₁+ Z₂