Derive the optimal short run demand function

Reference no: EM133380764

Question: A competitive firm produces output using three fixed factors and one variable factor. The firm's short- run production function is ?? = 524?? - 4??2 where x is the amount of variable factor used. The price of the output is $?? per unit and the price of the variable factor is $?? per unit. Derive the optimal short run demand function for ??*(??, ??)?

Reference no: EM133380764

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