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Scorpion4ik [409]
3 years ago
12

A competitive firm produces output using three fixed factors and one variable factor. The firm's short run production function i

s q = 305x - 2x2; where x is the amount of variable factor used. The price of output is $2 per unit and the price of the variable factor is $10 per unit. In the short run, how many units of x should the firm use?(a) 37(b) 150(c) 21(d) 75(e) None of the above.
Business
1 answer:
Nesterboy [21]3 years ago
6 0

Answer:

D) 75

Explanation:

Our initial production function is:

q = 305X - 2X²        

we calculate the derivative of q:

(q') = 305 - 4X

MP = 305 - 4X

$10 / $2 = 305 - 4X

5 = 305 - 4X

4X = 305 - 5 = 300

x = 300 / 4

x = 75

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77julia77 [94]

Answer:

Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

Step-by-step explanation:

We are given that,

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Since, we know that,

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Fabiola pays 27.0963 dollars for 8.79877 gallons of fuel.

4 0
3 years ago
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yaroslaw [1]

Answer:

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3 years ago
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Explanation:

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3 years ago
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Aww im truly sorry about that let me know if i can help 
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