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

question 8

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 $25 per unit, how much profit will the firm make if it maximize profits?

• A)$804
• B)$385
• C)$400
• D)$198
• E)$203

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