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

question 1

Multiple Choice

the production function is given by f(x) =4x^1/2.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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