Examlex

Solved

The Production Function Is Given by F(x)=4x1/2

question 43

Multiple Choice

The production function is given by f(x) =4x1/2.If the price of the commodity produced is $80 per unit and the cost of the input is $40 per unit, how much profits will the firm make if it maximizes profits?


Definitions:

Avoidance

A strategy or behavior aimed at preventing or eliminating encounters with specific stimuli, situations, or activities believed to be unpleasant.

Maslow

Refers to Abraham Maslow, a psychologist best known for creating Maslow's hierarchy of needs, a theory in psychology that prioritizes human needs from the most fundamental to higher levels of self-actualization.

Love Yourself

The practice of accepting, caring for, and valuing oneself, often seen as foundational to mental health and resilient relationships.

Dismissing Avoidant Attachment

Style of attachment in which people are low on anxiety but high on avoidance; they tend to view partners as unreliable, unavailable, and uncaring.

Related Questions