Question: Irma s production function is f ( x 1 , x 2 ) = ( min { x 1 , 5 x 2 } )

Irmas production function is f(x1, x2)=(min{x1,5x2})12. If the price of factor 1 is w1= $5 and the price
of factor 2 is w2= $20, then her supply function is given by the equation
a. S(p)= p 18.
b. S(p)= p(max{w1,5w2})2.
c. S(p)= p(min{w1,5w2})2.
d. S(p)=9p.
e. S(p)= min{5p,100p}.

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