Question: Touchie McFeelie's production function for comic books is ( 0 . 1 ) J 1 / 2 J 3 / 4 , where J is
Touchie McFeelie's production function for comic books is JJ where J is the number of jokes and L is the number of hours of cartoonists labor that he uses. If Touchie can vary both jokes and cartoonists' labor and if old jokes cost $ each and cartoonists' labor costs $ per hour, then the cheapest way to produce comics books requires using jokes and labor in the ratio JL
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