Suppose pigs p can be fed corn-based feed c or


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 $2 and the price of soybean feed is $6, what is the cost minimizing combination of producing P = 200?

a.   C = 100

b.   S = 40

c.   C = 50, S = 20

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Business Economics: Suppose pigs p can be fed corn-based feed c or
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