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

Question 21

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 $40 per unit, how much profit will the firm make if it maximize profits?


A) $235
B) $123
C) $250
D) $504
E) $128

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