The production function is given by fx4x12 if the price of
The production function is given by f(x)=4x^1/2. If the price of a 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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the production function is given by fx4x12 if the price of a commodity produced is 60 per unit and the cost of the
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