Multiple Choice
A politician facing reelection can win votes according to the following process: V = 500S0.20M0.60, where S is hours of making campaign speeches and M is the number of flyers mailed. Making speeches costs $10 per hour, mailing flyers costs $.50 per flyer, and $2,000 are available to spend on the campaign. Assuming the politician wants to maximize votes, how should the budget be allocated between speeches and mailing flyers?
A) No speeches should be given; 4,000 flyers should be mailed.
B) 100 hours of speeches should be given; 2,000 flyers should be mailed out.
C) 50 hours of speeches should be given; 3,000 flyers should be mailed out.
D) 500 hours of speeches should be given; 1,500 flyers should be mailed out.
E) 200 hours speeches should be given; no flyers should be mailed out.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: The conditional factor demand function for factor
Q64: A firm has fixed costs of $4,000.
Q65: A lobbyist in our nation's capitol must
Q67: The production function for good y is
Q68: If there are increasing returns to scale,
Q69: Rocco's Pasta Bar makes manicotti according to
Q70: If the production function for tuna casseroles
Q71: Al's production function for deer is f
Q72: Lars runs a cookie factory. His cookies
Q73: A politician facing reelection can win votes