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A Competitive Firm's Production Function Is F(x1, X2)= 12x1/21

Question 35

Multiple Choice

A competitive firm's production function is f(x1, x2) = 12x1/21 + 4x1/22.The price of factor 1 is $1 and the price of factor 2 is $2.The price of output is $4.What is the profit-maximizing quantity of output?


A) 304
B) 608
C) 300
D) 612
E) 292

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