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The Production Function Is Given by F(x)= 4x1/2

Question 8

Multiple Choice

the production function is given by f(x) = 4x1/2.If the price of the commodity produced is $50 per unit and the cost of the input is $25 per unit, how much profit will the firm make if it maximize profits?


A) $804
B) $385
C) $400
D) $198
E) $203

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