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

Question 4

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 $45 per unit, how much profit will the firm make if it maximize profits?


A) $1,781.78
B) $873.89
C) $888.89
D) $442.44
E) $447.44

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