A firm operates with the production function Q= 95K^0.3 L^0.2 R^0.25 and buys the three inputs

A firm operates with the production function Q= 95K^0.3 L^0.2 R^0.25 and buys the three inputs K, L and R at prices of pound30, pound16 and pound12 respectively per unit. If it can sell its output at a fixed price of pound4 a unit, what is the maximum profit it can make?


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