Suppose every molecule of salt requires exactly one sodium atom,NA,and one chlorine atom,CL.The production function that describes this is
A) Q = NA + CL
B) Q = NA x CL
C) Q = min(NA, CL)
D) Q = max(NA, CL)

Question

Quizplus · Accepted Answer

The production function that describes the requirement of one sodium atom and one chlorine atom for every molecule of salt is Q = min(NA, CL). This is because the limiting factor in the production of salt is whichever of the two atoms is in lesser quantity. Thus, the function takes the minimum of the two inputs.

Suppose Every Molecule of Salt Requires Exactly One Sodium Atom,NA,and