In Problem 2, the Production Function Is Given by F(x)

question 5

Multiple Choice

In Problem 2, the production function is given by f(x) . 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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