Suppose the cost in dollars of manufacturing q items is
given by

C = 2000q + 3500,

and the demand equation is given by

In terms of the demand q,
(a) find an expression for the revenue R;
(b) find an expression for the profit P;
(c) find an expression for the marginal profit.
(d) Determine the value of the marginal profit when the price is $5000.

Transcribed Image Text:

9 q= V15,000 - 1.5p.