For what do C, q, p, and P stand?
Thank you!
Greetings.
C(q)= .25q^2+8q+25
p(q)= 83-q
I need help finding the maximum profit, and with what q value.
For the profit function I have P(q)=-1.25q^2-75q-25
To maximize profit I got -30. This is clearly wrong so any direction would be of great value.
Thanks.