A profit maximizing competitive firm uses just one input x, Business Economics

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A profit maximizing competitive firm uses just one input x

A profit maximizing competitive firm uses just one input, x. Its production function is q=8x1/2 . The price of output is 16 and the factor price is 8. The amount of the factor that the firm demand is. (a) 10 (b) 22.63 (c) 64 (d) 48 (e) None of the above

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Business Economics: A profit maximizing competitive firm uses just one input x

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Business Economics: A profit maximizing competitive firm uses just one input x

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