How much profit will the firm make if it maximizes profit

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The production function is f(x)=4x^1/2 if the price of the commodity produced is $60 per unit and the cost of the input is $20 per unit, how much profit will the firm make if it maximizes profit?

Reference no: EM13817927

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How much profit will the firm make if it maximizes profit : The production function is f(x)=4x1/2 if the price of the commodity produced is $60 per unit and the cost of the input is $20 per unit, how much profit will the firm make if it maximizes profit?

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