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?
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: