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Q2 Perfect Substitutes Technology Natalie owns a computer software company. Her rm's production function is y = 2x1 + 5x2 where 11 is the number
Q2 Perfect Substitutes Technology Natalie owns a computer software company. Her rm's production function is y = 2x1 + 5x2 where 11 is the number of interns she hires and x2 is the number of experienced programmers. a) Suppose Natalie has 10 of each type of worker, producing 70 units of output y. What is the fewest number of additional workers [of either type) that Natalie could hire to produce 100 units of output? b) If Natalie faces input prices of 191 = 12 and w; = 20, what is the cheapest way to produce 100 total units of output? c] If Natalie faces input prices of WI = 9 and W: = 25, what is the cheapest way to produce 100 units of output
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