# What does this production function imply about input substitution?

A political consulting firm attempts to increase votes for its candidate by sending mailers (m) and/ Show more A political consulting firm attempts to increase votes for its candidate by sending mailers (m) and/or making phone calls (c) to prospective voters. Let qi be the number of votes generated by this firms activities. For every 10 mailers sent one vote is generated (so qi rises by 0.1 per mailer). For every 5 phone calls made one vote is generated (so qi rises by 0.2 per phone call). a. Write the firms production function where qi = number of votes generated. What does this production function imply about input substitution? b. Suppose each mailer costs \$0.4 to produce and send while each phone call costs \$1.00. How many votes can be generated by a candidate willing to spend \$500000? What inputs (mi* ci*) are used to produce these votes ? c. Now repeat part b but assume that higher printing and postal costs cause the price of mailers to rise to \$0.6 each. Show less

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