Touchie MacFeelie's production function is , 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 4 dollars each. If the wage rate for cartoonists is 3 dollars, then the total cost of producing 128 comics books is
A) 2,368 dollars.
B) 1,184 dollars.
C) 3,552 dollars.
D) 2,496 dollars.
E) 592 dollars.

Question

Touchie MacFeelie's production function is  , 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 4 dollars each. If the wage rate for cartoonists is 3 dollars, then the total cost of producing 128 comics books is
A) 2,368 dollars. 
B) 1,184 dollars. 
C) 3,552 dollars. 
D) 2,496 dollars. 
E) 592 dollars.

Quizplus · Accepted Answer

The Answer of Touchie MacFeelie's production function is  , 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 4 dollars each. If the wage rate for cartoonists is 3 dollars, then the total cost of producing 128 comics books is
A) 2,368 dollars. 
B) 1,184 dollars. 
C) 3,552 dollars. 
D) 2,496 dollars. 
E) 592 dollars.

Touchie MacFeelie's Production Function Is , Where J Is