The production function is fx4x12 if the price of the
The production function is f(x)=4x1/2 if the price of the commodity produced is $60 per unit and the cost of the input is $20 per unit, how much profit will the firm make if it maximizes profit?
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chris chooses between two goods x and y see figure below at first the price of x is low and the price of y is high
the production function is fx4x12 if the price of the commodity produced is 60 per unit and the cost of the input is 20
the gdp is 40 billion below its potential value it is expected that next-period gdp will be 20 billion below potential
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in country a the economy can be described in a series of multiple equations where the desired consumption is cd 100
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