Economic

A mail marketing

A mailmarketing company combines two inputs, prestamped envelopes (input 1) and printed marketing campaign material {input 2). Every envelope can be stuffed with three pieces of paper.That is. the number of marketing mailers is determined by the following production function: . x; y: WHUhT}. where y stands forthe number of mailersrxl stands for the number of prestamped envelopes, and x2 stands for the number of sheets of paper. 12th attem pt Part 1 (2 points) Let the cost of a prestamped envelope be m] , and the cost of printing one sheet of paper with marketing material be (03. Also, suppose that the rm already printed 39 sheets of paper with marketing material. In the short run, at most the rm would be able to produce marketing mailersTo produce this number of mailers, therm would need to purchase | prestamped envelopes