Irma's production function is f(x1, x2)=(min{x₁, 2x₂})^1/2.If the price of factor 1 is w1 = $3 and the price of factor 2 is w2 = $4, then her supply function is given by the equation A)S(p)=p(min{w1, 2w2})2. B)S(p)= p/10. C)S(p)=p(max{w1, 2w2})2. D)S(p)=5p. E)S(p)=min{3p, 8p}.

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The Answer of Irma's production function is f(x1, x2)=(min{x₁, 2x₂})^1/2.If the price of factor 1 is w1 = $3 and the price of factor 2 is w2 = $4, then her supply function is given by the equation A)S(p)=p(min{w1, 2w2})2. B)S(p)= p/10. C)S(p)=p(max{w1, 2w2})2. D)S(p)=5p. E)S(p)=min{3p, 8p}.

Irma's Production Function Is F(x1, X2)=(min{x1, 2x2})1/2

Irma's Production Function Is F(x1, X2)=(min{x₁, 2x₂})^1/2