Question: Suppose a firm produces one output y using two inputs x and x. The production function is: f(x,x)=x10.4x20.6 The firm is a profit maximizer in

Suppose a firm produces one output y using two inputs x and x. The production function is:

f(x,x)=x10.4x20.6

The firm is a profit maximizer in a competitive market. Is the following statement true or false?

The firm has a unique profit maximizing production plan.

Group of answer choices

True

False

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