The UJava espresso stand needs two inputs, labor and coffee beans, to produce its only output, espresso.Producing an espresso always requires the same amount of coffee beans and the same amount of time.Which of the following production functions would appropriately describe the production process at UJava, where B represents ounces of coffee beans, and L represents hours of labor? A)Q = min(2B, 60L). B)Q =B^0.40L^0.60. C)Q = B/2 + L/30. D)Q = 0.5B + 0.5L^0.5. E)None of the above.

Question

Quizplus · Accepted Answer

The correct production function is A) $Q = \min(2B, 60L)$ because it reflects a process where the output is determined by the lesser of two inputs, scaled appropriately for their units (ounces of coffee beans and hours of labor), which is consistent with the description of the espresso production process at UJava.

The UJava Espresso Stand Needs Two Inputs, Labor and Coffee