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

question 13

Multiple Choice

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

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