Topic: Firm Supply Diculty: 0% Correct Responses: 0 Discrimination Index: 0Correct Answer: A22.17..

Topic: Firm Supply Diculty: 0% Correct Responses: 0 Discrimination Index: 0Correct Answer: A22.17 Irma’s production function is f(x1; x2) = (minfx1; 4x2g)1=2. If the price of factor 1 is w1 = 6and the price of factor 2 is w2 = 12; then her supply function is given by the equation:(a) S(p) = p=18.(b) S(p) = p(maxfw1; 4w2g)2.(c) S(p) = p(minfw1; 4w2g)2.(d) S(p) = 9p.(e) S(p) = minf6p; 48p).Topic