A competitive firm produces output using three fixed factors and one variable factor.The firm's short-run production function is q = 524x - 4x², where x is the amount of variable factor used.The price of the output is $3 per unit and the price of the variable factor is $12 per unit.In the short run, how many units of x should the firm use? A)130 B)32 C)25 D)65 E)None of the above.

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The Answer of A competitive firm produces output using three fixed factors and one variable factor.The firm's short-run production function is q = 524x - 4x², where x is the amount of variable factor used.The price of the output is $3 per unit and the price of the variable factor is $12 per unit.In the short run, how many units of x should the firm use? A)130 B)32 C)25 D)65 E)None of the above.

A Competitive Firm Produces Output Using Three Fixed Factors and One