The Production Function Is Given by F(x)= 4x^1/2

question 21

Multiple Choice

the production function is given by f(x) = 4x^1/2.If the price of the commodity produced is $50 per unit and the cost of the input is $40 per unit, how much profit will the firm make if it maximize profits?

• A)$235
• B)$123
• C)$250
• D)$504
• E)$128

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Definitions:

Extrasensory Perception

The supposed ability to gain information without the use of the known senses or through physical interaction.

Events

Occurrences or happenings that are distinctive and can be identified in time and space.

Vestibular Sense

The sensory system that provides the leading contribution to balance and spatial orientation for the purpose of coordinating movement with balance.

Inner Ear

The innermost part of the ear, containing the cochlea, vestibular system, and associated structures, essential for hearing and balance.