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

Question 18

Multiple Choice

The production function is given by f(x) = 4x1/2.If the price of the commodity produced is $100 per unit and the cost of the input is $15 per unit, how much profit will the firm make if it maximize profits?


A) $2,666.67
B) $1,331.33
C) $5,337.33
D) $2,651.67
E) $1,336.33

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