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

question 15

Multiple Choice

The production function is given by f(x) =4x^1/2.If the price of the commodity produced is $60 per unit and the cost of the input is $10 per unit, how much profit will the firm make if it maximizes profits?

• A)$1,440
• B)$718
• C)$2,884
• D)$1,425
• E)$723

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Definitions:

Assimilation

The process by which individuals or groups adopt the culture, customs, and attitudes of another group, losing their original identity.

Extermination

Involves the deliberate and systematic destruction of a particular group of people, often referred to in contexts such as genocide or ethnic cleansing.

Ethnic Lines

Divisions or distinctions made between groups of people based on shared culture, ancestry, language, or national origin.

White Anglo-Saxon Protestants

A socio-political term referring to affluent and influential white Americans of Northern European, particularly British, descent.