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

Question 1

Multiple Choice

the production function is given by f(x) =4x1/2.If the price of the commodity produced is $90 per unit and the cost of the input is $45 per unit, how much profit will the firm make if it maximize profits?


A) $720
B) $1,444
C) $705
D) $358
E) $363

Correct Answer:

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