Question: Revenue is given by R(q) = 450q and cost is given by C(q) = 10,000 + 3q 2 . At what quantity is profit maximized?
Revenue is given by R(q) = 450q and cost is given by C(q) = 10,000 + 3q2. At what quantity is profit maximized? What is the total profit at this production level?
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