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Business, 16.11.2019 05:31 Wanna14ever

Acompetitive firm produces output using three fixed factors and one variable factor. the firm's short run production function is 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.

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