In Problem 2, the production function is given by f(x) . If the price of the commodity produced is $90 per unit and the cost of the input is $45 per unit, how much profit will the firm make if it maximize profits?
A) $720
B) $1,444
C) $705
D) $358
E) $363

Question

In Problem 2, the production function is given by f(x)  . If the price of the commodity produced is $90 per unit and the cost of the input is $45 per unit, how much profit will the firm make if it maximize profits?
A) $720 
B) $1,444 
C) $705 
D) $358 
E) $363

Quizplus · Accepted Answer

The Answer of In Problem 2, the production function is given by f(x)  . If the price of the commodity produced is $90 per unit and the cost of the input is $45 per unit, how much profit will the firm make if it maximize profits?
A) $720 
B) $1,444 
C) $705 
D) $358 
E) $363

In Problem 2, the Production Function Is Given by F(x)