Hey guys,
If you can, please help me with these questions. It would be much appreciated. Thanks in advance

1) There are 100 identical demanders of product y, and the demand function for each individual is y = 10 - p. The production function for any firm is y = min(z1,z2). If the industry were to produce 700 units of y, then aggregate requirements would be:

a) z1 = 700 and z2 = 0 if w1 < w2.
b) z1 = 350 and z2 = 350.
c) z1 = 500 and z2 = 500.
d) z1 = 700 and z2 = 700.

2) There are 100 identical demanders of product y, and the demand function for each individual is y = 10 - p. The production function for any firm is y = min(z1,z2). The long-run cost function for any firm is:
a. y*min(w1,w2).
b. y*(w1 + w2)/2.
c. y*w1 if w1 < w2.

d. y*(w1 + w2).

Woah, I don't get it.