Question

A video game developer hires two types of workers to develop games: game coders (x1) and game testers (x2). The developer produces games according to the following production function: y = x112 x12 where y stands for the number of games developed per month, and xi and X2 stand for, respectively, the number of programmers and testers hired per month. Because both types of workers freelance using their own tools, the video game developer does not require any other inputs.

Let ?1= 4000, and ?2= 3500. The total cost of producing 15 games is $_______

Answer 1

and X2 = 8 1X2 = 16 16 units of 72 required to produce y =15. Total Cest = Wixt Wetz 4 = (40W) (14) + Aloe (3500) (16) - 56000 + sbow Tutal Cust = 112000 The total wit of 1 112 OVO producing 15 games w it