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Let the production function be given by f(x) = 4x^(1/2). If the price of the commodity produced is $50 per unit and the cost of
Let the production function be given by f(x) = 4x^(1/2). If the price of the commodity produced is $50 per unit and the cost of the input is $40 per unit, how much profit will the firm make if it maximizes profits?
A. 250 B. 504 C. 123 D. 235
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