Suppose the production function for coffee c is c minbw


Suppose the production function for coffee (C) is C = min(B,W) where B = beans in pounds and W = water in gallons and the price of water is $.10 per gallon and the price of beans is $10 per pound. The expansion path is

a.   B = 10W                                     

b.   B = .1W                                      

c.   B = W

d.   -10 = B + W

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Business Economics: Suppose the production function for coffee c is c minbw
Reference No:- TGS01113793

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