Suppose pigs (P)can be fed corn-based feed (C)or soybean-based feed (S)such that the production function is P = 2C + 5S.If the price of corn feed is $4 and corn feed is on the horizontal axis,and the price of soybean feed is $5 and soybean feed lies on the vertical axis,what is expansion path?
A) C = S
B) S = C
C) the horizontal axis
D) the vertical axis

Question

Suppose pigs (P)can be fed corn-based feed (C)or soybean-based feed (S)such that the production function is P = 2C + 5S.If the price of corn feed is $4 and corn feed is on the horizontal axis,and the price of soybean feed is $5 and soybean feed lies on the vertical axis,what is expansion path?
A) C = S 
B) S = C 
C) the horizontal axis 
D) the vertical axis

Quizplus · Accepted Answer

The Answer of Suppose pigs (P)can be fed corn-based feed (C)or soybean-based feed (S)such that the production function is P = 2C + 5S.If the price of corn feed is $4 and corn feed is on the horizontal axis,and the price of soybean feed is $5 and soybean feed lies on the vertical axis,what is expansion path?
A) C = S 
B) S = C 
C) the horizontal axis 
D) the vertical axis

Suppose Pigs (P)can Be Fed Corn-Based Feed (C)or Soybean-Based Feed