I just realized there was some problems with my post. Sorry about that.
Anyway, I think the #1.)answer for a:38, and b:$18,892. I don't know what to do for the rest though.
1.) C(q)=q^3–75q^2+1875q+1070 for 0<q<50 and a price per unit of $500.
^--(These are "equal to" as well)
Round your answers to the nearest whole number.
a) What production level maximizes profit?
q =
b) What is the total cost at this production level?
cost = $
c) What is the total revenue at this production level?
revenue = $
d) What is the total profit at this production level?
profit = $
2.) Suppose the cost function for producing gadgets is C(q)=0.04q^2+5q+44.
At what production level is the maximal profit achieved if each item is sold for 7 dollars? Answer:
What is the maximum profit if each item is sold for 7 dollars? Answer: