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A Profit-Maximizing Competitive Firm Uses Just One Input, X

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A profit-maximizing competitive firm uses just one input, x. Its production function is q = 4 A profit-maximizing competitive firm uses just one input, x. Its production function is q = 4   . The price of output is $12 and the factor price is $3. The amount of the factor that the firm demands is A) 64 B) 16 C) 60 D) 8 E)  None of the above. . The price of output is $12 and the factor price is $3. The amount of the factor that the firm demands is


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