A Competitive Firm's Production Function Is F(x 1 , X 2 )= 6x 1/2 1

The Answer of A Competitive Firm's Production Function Is F(x 1 , X 2 )= 6x 1/2 1

A Competitive Firm's Production Function Is F(x 1 , X 2 )= 6x 1/2 1

The Answer of A Competitive Firm's Production Function Is F(x 1 , X 2 )= 6x 1/2 1

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A Competitive Firm's Production Function Is F(x₁, X₂)= 6x^1/2₁

Question 21

Multiple Choice

A competitive firm's production function is f(x₁, x₂) = 6x^1/2₁ + 8x^1/2₂.The price of factor 1 is $1 and the price of factor 2 is $4.The price of output is $8.What is the profit-maximizing quantity of output?

A) 416
B) 208
C) 204
D) 419
E) 196

A Competitive Firm's Production Function Is F(x1, X2)= 6x1/21

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A Competitive Firm's Production Function Is F(x₁, X₂)= 6x^1/2₁

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