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

question 18

Multiple Choice

The production function is given by f(x) = 4x^1/2.If the price of the commodity produced is $100 per unit and the cost of the input is $15 per unit, how much profit will the firm make if it maximize profits?

• A)$2,666.67
• B)$1,331.33
• C)$5,337.33
• D)$2,651.67
• E)$1,336.33

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Definitions:

Bone

A hard, dense connective tissue that forms the structural elements of the skeleton.

Cartilage

A flexible connective tissue found in various parts of the body, including joints, ribs, and ear lobes, providing support and cushioning.

External Occipital Protuberance

A prominent bump on the back of the skull used as a landmark for aligning the spine and head.

Calcaneal Tendon

Also known as the Achilles tendon, it connects the calf muscles to the heel bone and is crucial for walking, running, and jumping.