Nadine has a production function 4x1 + x2.If the factor prices are $12 for factor 1 and $2 for factor 2, how much will it cost her to produce 30 units of output?
A)$795
B)$60
C)$90
D)$1,500
E)$75

Question

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The Answer of Nadine has a production function 4x1 + x2.If the factor prices are $12 for factor 1 and $2 for factor 2, how much will it cost her to produce 30 units of output?
A)$795
B)$60
C)$90
D)$1,500
E)$75

Nadine Has a Production Function 4x1 + X2