profit P(q) = R(q) - C(q)
Now just find where dP/dq = 0
Work problem number 17 from section 4.4 of your book (page 194) using the revenue function R(q)=630q and the cost function C(q)=9500+2q2. Round your answers to the nearest whole number.
a) At what quantity is profit maximized?
q =
b) What is the total profit at this production level?
profit = $
1 answer