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A Los Angeles firm uses a single input to produce a recreational commodity according to a production function f x 4√x where x is the number of units of input The commodity sells for $100 per

A Los Angeles firm uses a single input to produce a recreational commodity according to a production function f x 4√x where x is the number of units of input The commodity sells for $100 per

A Los Angeles firm uses a single input to produce a recreational commodity according to a production function f (x) = 4√x, where x is the number of units of input. The commodity sells for $100 per unit. The input costs $50 per unit.

mahesh 08-Aug-2020

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