Question

A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign. Describe the production function for campaign votes. O A. Campaign managers produce campaign votes. OB. Reelection campaigns produce campaign votes. O C. Television advertisements and campaign votes produce letters to potential voters. O D. Television advertisements and letters to potential voters produce reelection campaigns. E. Television advertisements and letters to potential voters produce campaign votes. How might information about this function (such as the shape of the isoquants) help the campaign manager plan strategy? O A. If the marginal rate of technical substitution of television advertisements for letters to potential voters is constant, then the campaign manager should use a combination of the two inputs. O B. If television advertisements and letters to potential voters are perfect complements, then the campaign manager should use them in fixed proportions. O C. If television advertisements and letters to potential voters are perfect substitutes, then the campaign manager should use them in fixed proportions. OD. If the isoquant curves for television advertisements and letters to potential voters are convex, then the campaign manager should use only the cheaper input per vote. O E. If the isocost lines for television advertisements and letters to potential voters are convex, then the campaign manager should use a combination of the two inputs.

Answer 1

1.

E

Since there are two variables as television advertisements and letters to voters, then these two variables will constitute the production function.

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2.

B

If these two variables are complementing each other, then the use of both the variables in fixed proportion, will give efficient results.