A competitive 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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