Which of the following profit functions exhibits a Leontief production function?
A. ? = P × (3K + 4L) ? 20L ? 35K
B. ? = P × (3K0.5 + 4L0.5)1/0.2 ? 20L ? 35K
C. ? = P × min(2L, 5K) ? 20L ? 35K
D. ? = P × K0.75L0.50 ? 20L ? 35K
Answer: C
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